In the wake of allegations that the city of Dixon’s comptroller stole over $53 million from the city, the Institute is working with Republicans in the Illinois Senate to pass legislation that will prevent this kind of fraud from happening elsewhere. This morning, Brian Costin, the Institute’s Director of Government Reform, stood with State Sens. Dan...
by Brian Costin Just a few hours before a new legislature was sworn in, on January 12, 2011, at 1:30AM Illinois’s 96th General Assembly passed the largest tax hike in state history, raising the individual income tax rate by 67 percent and the corporate tax rate by 46 percent. The vote passed by a razor thin...
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...