The array of six tax-hike proposals adds up to more than the state’s total projected general-fund spending in fiscal years 2016, 2017 and 2018 – combined.
We have yet to see the full schedule for Quinn’s special session, but one thing is for sure, the governor is gearing up for one last battle on very important issues less than a week before a change of leadership.
Action, or lack thereof, on the 2011 income-tax hikes, a minimum-wage increase, SEIU training and more affect Illinoisans in the wake of a lame-duck death.
In October, we found 52 different stories of potential public corruption in Illinois, including a trio of stories related to the election. An Illinois Policy investigation into emails from a group of Kankakee County superintendents revealed potentially illegal activities to pass a countywide sales-tax hike for school facilities. Documents obtained suggest illegal actions by superintendents...
Illinois’ Economic Development for a Growing Economy, or EDGE, tax credit program has been making the news from time to time during recent months, mostly in the context of discussions on how to reform Illinois taxes and grow Illinois’ economy simultaneously. The program is on the chopping block. Notably, talk of changes to the EDGE...
Does bad blood between political leaders justify bad public policy? Most Illinoisans don’t think so, especially when the result is legislation that exempts their lawmakers from budgetary oversight. Earlier this year, at the midnight hour of spring session, Illinois’ legislative leaders carved out a special exemption for themselves from the state budgeting process. They enacted...
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.