Ireland

How Trump’s tax proposals would affect Illinois

By Michael Lucci
05/01/2017
The corporate tax reforms under President Donald Trump’s proposed tax plan could strengthen Illinois’ position as a home for businesses, but the state’s uncompetitive income, property and death tax policies would put its residents at an even greater disadvantage with respect to other states if the president’s plan passes.

TAGS: Chicago, corporate income tax, death tax, Donald Trump, estate tax, income tax, outmigration, population, property taxes, tax credits, taxes

Luxembourg’s ambassador sends letter to Illinois House leaders

By Brendan Bakala
03/31/2017
Luxembourg’s ambassador to the United States has voiced objections to an Illinois House bill that would label Luxembourg a tax haven and subject corporations expatriated there to restrictions on investments and business dealings with the state of Illinois.

TAGS: Bruce Rauner, budget, Christian Mitchell, grand bargain, Illinois House of Representatives, Illinois Investment Policy Board, Jim Durkin, John D’Amico, Katie Stuart, Lawrence Walsh Jr., Martin Moylan, Mike Madigan, Sam Yingling, Silvana Tabares, Stephanie Kifowit, Sue Scherer

U.S. corporate tax rate pushes jobs overseas

09/27/2010
by Ashley Muchow Our current administration has another plan to bring jobs back the U.S.  Though the end goal is merited, the plan of action is grounded in poor economic reasoning. President Obama claimed last week that “for years, our tax code has actually given billions of dollars in tax breaks that encourage companies to...

Spotlight on Spending #12: Taxpayer Tab for DCEO

By Chris Andriesen
09/08/2010
Problem In a previous “Spotlight on Spending” analysis, the Illinois Policy Institute focused on the Department of Commerce and Economic Opportunity’s questionable grants, which range anywhere from giving money to help celebrate a Canadian 4th of July, increasing the awareness of Chicago and Illinois in Ireland, providing a fraternity with money to use solar power,...

Spotlight on Spending #6: Illinois Department of Commerce and Economic Opportunity

By Kate Campaigne Piercy
07/07/2010
The Problem Illinois faces $6 billion in unpaid bills with an unemployment rate over 11 percent—the highest in 27 years. The state pension system is underfunded by $80 billion, and the state’s bond rating ranks second lowest in the country. In response, Governor Pat Quinn’s proposed fiscal year 2011 budget would raise income taxes by...

Chicago Forward 2026: A pro-growth plan to end city budget deficits

Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.

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Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016