The jobs are there. The people to fill them are there. The only thing standing in the way is Illinois’ overreaching state regulations and job licensing.
The Chicago Teachers Union prides itself as a leader in “bargaining for the common good” – unionspeak for contract demands related to its political agenda rather than teachers’ wages and benefits. This year’s negotiations could reverberate across the nation.
Illinois has seen continual population loss for a decade. While taxes and lack of opportunities are driving people away, the state’s licensing requirements could be keeping people from moving in.
A new WalletHub study found the typical household in Illinois pays 15% of its income to state and local taxes, the highest in the nation. That’s an average of $10,463 – a 22% hike since 2017.
Low-tax states attract the majority of movers, while high-tax states push them away. Illinois takes nearly 13% of all money made in the state as taxes, and lost 141,656 residents in 2022.
A complex system of high taxes and restrictive licensing undermines the goals of marijuana legalization proponents – leaving $600 million in potential revenue uncollected while helping the illegal drug trade.
Other states warned residents about small spaces inside haunted houses creating a risk for spreading COVID-19, but Illinois is all alone in outlawing them.
Independence Day turns many Illinoisans into scofflaws as they ignore rules banning most fireworks. The outdated laws mainly serve fireworks stands in border states.
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.