In the game of state competitiveness, Illinois lags the nation. Poor policy decisions continue to sap economic activity and ruin opportunities for businesses operating in Illinois.
Illinois is in crisis. According to official government numbers, Illinois has an unfunded pension liability of $96 billion – the worst in the nation. This heavy debt burden, combined with the state’s culture of out-of-control, wasteful spending, has driven the state into an economic death spiral. Illinois cannot be economically prosperous until real pension reform...
The only way to end Illinois’ pension crisis is to empower government workers by transitioning benefits for all future work to a defined contribution system.
Progressive Income Tax: Money grab disguised as tax reform The same forces that helped Quinn land the governorship in 2010 and raise income taxes in 2011 are laying the groundwork for a progressive tax initiative. They want to make the temporary 2011 tax hike permanent and tax certain individuals at ever-higher marginal rates. Proponents of...
Both Gov. Pat Quinn and President Barack Obama called for an increase in the minimum wage when they made their respective State of the State and State of the Union speeches.
In a joint press conference today in Chicago, Gov. Pat Quinn and U.S. Secretary of Health and Human Services Kathleen Sebelius announced the federal governments approval of a federal-state partnership ObamaCare insurance exchange in Illinois, in accordan
Mike Billy Illinois News Network Illinois taxpayers can use the states income tax form to donate to child abuse prevention, childhood cancer research and military family relief. But if you want to make sure your money actually gets to the charities, you might want to give them a check directly instead of using the state...