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.
Published Feb. 10, 2025 Even though federal COVID relief funds provided an unexpected windfall, that one-time jolt of cash could leave many Illinois localities even worse off than they were before. That boost in revenue allowed local governments to put off difficult budgeting decisions, and as that revenue dries up, municipalities will have to contend...
Illinois lags both the nation and the Midwest on key indicators of social mobility. The state scores poorly on entrepreneurship, economic growth, institutions and the rule of law.
Gov. J.B. Pritzker recently signed an executive order to increase access to housing for middle-income families. While many of the proposed solutions still miss the mark, there are some important supply-side reforms that could mark a positive shift for Illinois.
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...
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...