We too often call it the “Fourth of July” and lose sight of its true meaning – independence. Independence from tyranny and the freedom to pursue life, liberty and happiness.
Since 2017, Rockford Mayor Tom McNamara has cut the property tax rate to 1.93% by cutting costs and spending smarter – a playbook other Illinois cities should copy.
If Illinois state lawmakers follow the Chicago Teachers Union’s push for a 7.92% base corporate tax rate, it can severely hurt Illinois’ competitiveness. Job creators do not need another reason to abandon Illinois.
The Chicago Teachers Union and its partners are pushing nine new or higher taxes that could end up costing Illinoisans $7.3 billion more starting July 1. Their scheme to fill a proposed state budget deficit is likely to backfire and shrink the tax base.
Deep-blue Illinois had President Biden to bail out the state’s and Chicago’s financial failings. Now city and state leaders have President Trump to blame for their financial failings. Eventually, taxpayers will be held responsible.
Student literacy is in trouble nationally. Illinois is one of 41 states where just 1 in 3 or fewer of its fourth-graders met reading standards in 2024.
Illinois is dead last of the 50 states in its ability to handle a financial crisis. It couldn’t last a month. The rainy-day fund that should be its primary reserve, and that Gov. J.B. Pritzker lauded himself for refilling, could barely cover two weeks.
Illinois families will pay the second-highest property tax rate in the nation in 2025, spending more than double what the average American family will spend to stay in the same home. That’s driving Illinoisans away.
Of the states most Americans are moving to, 4 of 5 have a flat or no income tax. The states losing the most residents? There again, 4 of 5 have progressive taxes. Illinois’ flat tax is an advantage it should keep.