Even after a 32 percent income tax hike, the Illinois General Assembly passed a state budget in 2017 that will generate an estimated $1.5 billion deficit in fiscal year 2018. That deficit is projected to grow to $2.15 billion in fiscal year 2019, according to the Governor’s Office of Management and Budget, or GOMB. The...
The little-known legislative rules that govern the legislative process in the Illinois House of Representatives give the House speaker extraordinary power to orchestrate the legislative or political outcomes he or she wants. Those rules allow the speaker to influence the makeup of legislative committees; how lawmakers vote; and when, if ever, the bills get voted...
The expiration of the state’s EDGE program – which has given large companies more than $1 billion in tax credits the last 15 years – is good news for taxpayers and should encourage lawmakers to pass real reforms.
Most people expect Illinois law enforcement to defend the private property of Illinois residents. As long as you obey the law, your life, liberty and property should be secure from the law – or so common sense would suggest. Yet, every year, Illinois law enforcement agencies take tens of millions of dollars in cash, vehicles,...
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.