Gov. J.B. Pritzker said state agencies need to trim 4%, blaming President Donald Trump and a slowing national economy. Illinois’ economic woes started long before Trump.

The Center for Tax and Budget Accountability (CTBA) wants taxes raised on hard-working Illinoisans by at least $2.4 billion annually through a progressive personal income tax, which taxes individual income at ever-higher marginal tax rates. Currently, Illinois has a flat 5 percent income tax. In a recent report, the CTBA argues for this tax hike by...

by Ashley Muchow Long has it been the case that Washington politicians turn to the Zandi multiplier to justify stimulus spending under the conjecture that such spending triggers economic growth.  Mark Zandi, of Moody’s Economy.com, is regularly consulted by politicians and the press for his “Fiscal Economic Bang for the Buck” chart postulating that spending initiatives, such...