Gov. J.B. Pritzker said state agencies need to trim 4%, blaming President Donald Trump and a slowing national economy. Illinois’ economic woes started long before Trump.
While Illinois families face one of the nation’s highest unemployment rates, the nation’s highest property taxes and the highest state and local tax burden, state lawmakers just gave themselves another raise. They get $128,000 for 70 days of work.
This legislative session members of the Illinois General Assembly passed a bill to make it easier to sue out-of-state businesses and a bill that would prevent state agencies from adopting eased workplace regulations. Illinois’ business climate is bad, but these bills could make it worse.
Published June 3, 2025 EXECUTIVE SUMMARY The best path to empowerment and success, especially for poor people, is work. Work allows us to prosper while providing dignity, upward mobility, the means to support ourselves and create value for others. It’s how we become thriving members of our community. Central to this process is our education...
With the Illinois state legislative session ended, bills will start crossing the governor’s desk, some containing tax hikes, unaffordable spending and needless regulation. Here’s how Gov. J.B. Pritzker can stop these bad policies from becoming law.
Illinois state lawmakers must be super speed readers, because who would vote on something they hadn’t read? They were given an average of 67 seconds per page to read the past nine state budgets, but last year received only 26 seconds per page.
Illinois has the third-highest corporate income taxes in the nation. These are some of the most harmful taxes to economic growth, particularly in times of economic hardship.
Rockford recently made headlines as the nation’s hottest housing market, but the real story is low supply is driving up prices. Changing zoning laws could spur development that would ease the shortage and prices.
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...
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.