Illinois has the third-highest corporate income taxes in the nation. These are some of the most harmful taxes to economic growth, particularly in times of economic hardship.
Pension experts projected state lawmakers’ plans to drastically expand benefits for newer employees would add $60 billion to the state’s pension liability. Illinois is already $143.7 billion in the pension hole.
The nation’s report card was just released and shows Illinois students continue to struggle to meet proficiency standards in reading and math. State leaders are spinning 8th-grade results as a win, but in reality, they lag. Ignored are the struggles of younger students.
Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...
Student literacy is in trouble nationally, which is why Illinois is one of 35 states where just 1 in 3 – or fewer – of its fourth graders met reading standards in 2022.
Gov. J.B. Pritzker recently OK’d four new laws that would expand the ability for professionals to practice in Illinois. While they are advancements, Illinois’ onerous occupational licensing system needs comprehensive reform.
Published July 9, 2024 America is facing a housing affordability crisis. According to a 2022 survey, 73% of Americans said the average person could not afford a home in their area, and 69% were worried about their children and grandchildren being able to afford a home. That’s unfair. Everyone deserves a good roof over their...
Third grade marks a critical reading milestone: if students struggle then, they will face greater problems during the rest of their educations. State data shows 7 of 10 Illinois third graders can’t read at grade level, meaning there’s trouble awaiting most Illinois students.
Illinois could make it easier to escape poverty by letting more people work without first getting a license. Six neighboring states do a better job of easing occupational licensing on low-income professions.
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.