With small businesses and seasonal attractions closed, most of Illinois’ youth find themselves spending a summer without a job. COVID-19 isn’t the only reason, however.
An Illinoisan making $12,400 a year would still pay nearly $1,800 in state and local taxes under the governor’s plan – a higher share of their income than residents of all but two states.
A proposal in the Illinois General Assembly would prohibit right-to-work laws in Illinois, making Illinois the only state in the nation to ban the policy in a state constitution.
Only Mississippi has fared worse than Illinois in personal income growth since the Great Recession hit at the end of 2007. Analysis shows state income taxes matter.
With the ratification of the 21st Amendment, 1933 marked the end of Prohibition in the United States. Illinois, however, has continued to serve a cocktail of prohibitive regulations on alcoholic beverages.
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.