Illinois’ 2011 income-tax hike caused out-migration that cost the state high-earning taxpayers. New IRS data show taxpayers who left had an average income of $77,000 per year, compared with taxpayers who entered Illinois, who had an average income of $57,000 per year.
In a recent study, Illinois received a grade of D for the negative impact its collective bargaining laws have on taxpayers and government workers alike.
Gov. Bruce Rauner has ordered executive agencies to review all their regulations for necessity, clarity and statutory authority and to mark for repeal or revision rules that don’t meet those criteria.
Illinois ranks as the top pumpkin producer in the country, which isn’t much of a consolation given the state’s poor performance in almost every economic category.
The August BLS jobs report shows Illinois is down 8,000 manufacturing jobs on the year, giving the state the worst manufacturing job losses in the region, and a summer workforce contraction totaling 100,000 people.
Years of job-killing policies in Illinois have pushed residents out of the state, while nearby Michigan has taken an alternate, pro-growth approach to turn it around.