News that Wrigley has started producing Skittles in Illinois has many excited – until they learn just how much Illinois gave in tax incentives to lure 75 new jobs.
There’s a reason new facilities aren’t being built in Illinois: In too many cases a business investment in Illinois doesn’t make financial sense unless Illinois taxpayers are paying for a chunk of the project. This system isn’t good for businesses, or for workers and unions that are losing jobs. Until Illinois makes the broad tax and regulatory reforms needed to compete for blue-collar jobs, businesses are going to keep expanding elsewhere or asking for tax breaks to come here.
A new report from the Illinois Department of Employment Security shows Illinois gained 5,400 jobs in April, but the state’s unemployment rate ticked up to 6.6 percent, tied for highest in the U.S.
In the majority of Illinois’ large cities, the number of people moving to another part of the country is greater than the combined gains from more births than deaths and international immigration.
A progressive tax would give Illinois politicians carte blanche to raise rates, which would end up sticking middle-class taxpayers with rates originally intended for “the rich” – all while chasing still more residents and businesses out of the state.
Illinois has finally recovered from the job losses suffered during the Great Recession, and its workforce continues to grow. But the state’s unemployment rate is also increasing, signaling that while the economy is recovering, it is still unable to meet the demands of a growing number of job seekers.
A Republican-sponsored bill in Missouri could make it easier, less costly and more convenient for women across Illinois’ border to obtain birth control.
November saw Chicago’s City Council let the term of the legislative inspector general, who is tasked with overseeing City Council, expire without hiring a replacement, as well as several other instances of breach of public trust and influence peddling around the state.
The Education Freedom Tax Credit, also known as the Federal Scholarship Tax Credit, will give Illinois students access to donor money if the state opts into the program.