One progressive tax proposal filed in the Illinois House of Representatives would hike income taxes on Illinoisans earning as little as $17,300 a year.
Yesterday marked Illinois lawmakers’ deadline to introduce bills for this spring’s legislative session. Our government affairs team was down in Springfield, finalizing Illinois Policy Action’s 2014 legislative agenda. Here’s a sneak peek at some of the major legislative initiatives we’ll be pushing this session: Pension reform State Rep. Ron Sandack has introduced a bill that...
The Tax Foundation—a nonpartisan, D.C.-based think tank—hosted a press conference in Chicago this afternoon on the effects of a proposed tax increase in Illinois. The Tax Foundation’s analysis of the proposed progressive tax legislation found that: Illinois’ “State Business Tax Climate Index” ranking could fall to 44th from its current 31st ranking if the proposed progressive income...
Republican state Sens. Dale Righter and Patti Bellock accused the Quinn administration of cutting a “backroom deal” with the largest state employee union that will dismantle efforts to crack down on Medicaid fraud, according to the State Journal-Register. In 2012, the state hired a private vendor to help rein in out-of-control costs associated with Illinois’...
Working at free market think tank in Illinois, it’s easy to get discouraged by bad policies. Despite the many problems Illinois faces, there is much to be thankful for. In the spirit of Thanksgiving, here are some of the things we are most thankful for this year: Illinois’ flat income tax. Illinois’ current flat tax...
For the past several months, the Illinois Policy Institute has published ongoing updates on the progress of the Illinois Medicaid Redetermination Project, or IMRP, which has garnered significant interest over time. Some people may not remember why IMRP was launched; I do. After all, this was among the many topics I discussed when the Medicaid...
As the Illinois General Assembly heads back to Springfield for veto session next week, here is a quick look at what elected officials have signed on to the Illinois Policy Institute’s legislative efforts to prevent lawmakers from amending the state’s constitution to permit a progressive income tax hike, which would increase taxes on 85 percent...
There are four days of legislative session remaining, during which time state lawmakers will debate many important issues that affect taxpayers in the state of Illinois. Here is what you need to know going into the last week of session. No budget … yet At this point in session, a state budget proposal is usually...
This week in Springfield, the focus shifted from pension reform to policy issues certain members of the Illinois General Assembly deem important, such as the Lion Meat Act. The Illinois Policy Institute had a big victory this week, as our workforce transparency measure passed the Illinois House and Senate and now heads to Gov. Pat Quinn...