Several special interest groups and lawmakers in Illinois are pushing to increase taxes by swapping out the state’s constitutionally protected flat rate income tax for a progressive income tax. Advocates for the progressive income tax increase are disguising their plan as a tax cut for middle-and low-income earners. But the legislation that’s been proposed thus...
Several special interest groups and lawmakers in Illinois are pushing to increase taxes by swapping out the state’s constitutionally protected flat rate income tax for a progressive income tax. Advocates for higher income taxes try to disguise the tax hike as something it isn’t. Here are the facts on a progressive income tax: Thirty-one of...
Illinois’ competitive flat-rate income tax is protected in the state’s constitution. But there is a growing movement to increase income taxes in Illinois by swapping out the state’s flat-rate income tax for a progressive tax. The progressive tax plan is being sold as a tax on the rich, but it would hike tax rates on...
Illinois’ competitive flat rate income tax is protected in the state’s constitution. But there is a growing movement to increase income taxes in Illinois by swapping out the state’s flat-rate income tax for a progressive tax. The progressive tax plan is being sold as a tax on the rich. But the data tell a different...
A new study by the Cato Institute in Washington, D.C., takes a state-by-state look at the value of the welfare benefits package. While no one in America receives welfare benefits from all 72 federal welfare benefits programs that provide direct cash or in-kind assistance, long-term welfare beneficiaries are more likely to receive benefits from multiple programs. Highlights...
As Chicago Public Schools and the Chicago Teachers Union continue to argue about the reasons for the district’s recent school closings, one thing is clear – parents have largely been excluded from the conversation. But they don’t have to be – a new law appearing in seven states across the country, if adopted in Illinois, would...
There are too many people working in America’s schools. From 1950 to 2009, the amount of full-time equivalent (FTE) employees grew 386 percent while the amount of public school students only grew by 96 percent, according to a recently released report from the Friedman Foundation for Educational Excellence. Looking even closer at the data reveals...
The average Illinoisan works 208 days to pay the cost of government July 26 is Illinois’ Cost of Government Day, the date of the calendar year on which the average Illinois worker has earned enough gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal,...
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.