New Jersey

With voters set to decide on progressive income tax, Illinois wealth flight among worst in the nation

By Orphe Divounguy, Bryce Hill
01/07/2020
New data shows Illinois since 2010 lost up to $32 billion in income from people moving out. Gov. J.B. Pritzker’s graduated income tax plan would hike rates on residents most likely to leave the state, on net.

TAGS: graduated income tax, ILGA: Illinois General Assembly, Illinois, Illinois Constitution, income, IRS: Internal Revenue Service, JB Pritzker, outmigration, population, progressive income tax, spending cap, Springfield, tax rates, U.S. Census Bureau

House hunters: How high taxes hurt home investment in Illinois

By Orphe Divounguy, Suman Chattopadhyay, Bryce Hill
09/17/2018
Without property and income tax relief, housing in Illinois will continue to be less attractive, Illinois’ population is likely to continue its decline and housing price appreciation can be expected to continue to lag the rest of the nation.

Asset forfeiture in Illinois: What it is, where it happens, and reforms the state needs

By Ben Ruddell, Bryant Jackson-Green
11/16/2016
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,...

Illinois is a high-tax state

By John Klingner
08/17/2016
Illinois had the fourth-highest combined state and local tax burden as a share of state income in the country.

Growing out of control: Property taxes put increasing burden on Illinois taxpayers

By Ted Dabrowski, John Klingner
12/17/2015
Property taxes are the single largest tax in Illinois, burdening residents far more than either income or sales taxes. Illinoisans already know they pay high property taxes. But what is not as well known is that property taxes are outpacing residents’ ability to pay for them. Over the past 50 years, whether measured in comparison...