Missouri

Illinois should repeal the death tax

By Michael Lucci
06/03/2014
Of all Illinois’ taxes, its death tax is the most morbid. Only 15 states in the U.S. levy a tax on death, and Illinois has the second-highest rate. Death taxes include estate and inheritance taxes. They hit certain Illinois families hard. Farmers, investors and business owners often need substantial assets to generate a moderate income....

Illinois politicians’ obsession with tax hikes

05/21/2014
Fifty percent of all Illinoisans would leave the state if they could. Twenty-five percent think it’s the worst state to live in. Another 72 percent don’t trust their government. These numbers came from three recent Gallup polls. In all three surveys, no state polled worse than Illinois. You’d think with results like that, the last...

Illinois taxpayers worked 118 days into 2014 to pay for taxes

By Benjamin VanMetre
04/28/2014
April 28 marks Illinois’ Tax Freedom Day. This day commemorates the point in 2014 when Illinoisans have worked enough to cover the rising cost of federal, state and local government. From now through the rest of 2014, Illinoisans finally will be able to keep the money they earn. Illinois’ high-tax environment pushed the state’s Tax...

TAGS: income tax, tax freedom day

Illinois borrowing penalty still three times higher than when Quinn took office

02/06/2014
It didn’t take long for Illinois’ spending machine to cram more debt down taxpayers’ throats. Only two months after signing a pension bill, Gov. Pat Quinn is borrowing yet another $1 billion to fund state construction projects. This will be the first large borrowing for Illinois since it passed Senate Bill 1, a pension fix...

TAGS: borrowing, capital project, debt, Pat Quinn, penalty borrowing rate, pensions

Illinoisans flee the state for neighboring Indiana, Missouri and Wisconsin

By Michael Lucci
01/24/2014
The story of Illinois’ steady out-migration problem is well known, but just where are Illinoisans moving to? Is the outflow driven entirely by retirees and beach-goers moving to Florida? Not according to the U.S. Census Bureau, which just released its 2012 American Community Survey of state-to-state migration flow data. These data use census surveys to...

TAGS: population

Illinois unemployment rate falls to 8.7%, continues to lag behind national average

By John Klingner
12/21/2013
Illinois’ unemployment rate fell to 8.7 percent in November from 8.9 percent a month prior, according to the U.S. Bureau of Labor Statistics. Illinois still has the fourth-highest unemployment rate in the nation, behind only Nevada, Rhode Island and Michigan. The state gained 9,400 payroll jobs over the month, while the number of unemployed Illinoisans...

TAGS: jobs, unemployment

Illinois has the highest sales taxes of its neighbors

By John Klingner
12/20/2013
Illinois has high sales taxes. As of January 2013, Illinois had the 12th-highest combined state and average local sales tax rate in the country at 8.13 percent – higher than all bordering states. Chicago’s combined sales tax rate of 9.75 percent tied with Los Angeles as the highest sales tax among major U.S. metropolitan areas...

TAGS: Chicago, sales tax

Shrinking the Illinois Senate

By Brian Costin
10/08/2013
With 42,336 elected officials as of 1992, Illinois has nearly 12,000 more state and local elected politicians than any other state. Amazingly, with this unprecedented wealth of legislators Illinois hasn’t been able to adequately address some of its most dire problems. Illinois still ranks near the bottom of the nation in numerous key economic indicators,...

TAGS: term limits

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4 ways to break out of Illinois’ pension trap

Causes, costs, how to set the state free

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Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016