In the majority of Illinois’ large cities, the number of people moving to another part of the country is greater than the combined gains from more births than deaths and international immigration.
The Illinois Municipal Retirement Fund’s relative health compared with other government-worker pension funds is only due to its ability to force localities to fund it at the expense of other pension funds and vital local services.
Caterpillar’s plans to bring new jobs to Arizona demonstrate how Illinois politicians’ planned tax hikes and failure to make needed regulatory reforms harm the state’s manufacturing sector.
House Bill 696 would freeze property taxes across the state. Under the plan, local governments could still increase rates, but only with approval from voters. The bill doesn’t apply to home-rule governments, however. That’s no small exemption: 7.8 million Illinoisans live in a home-rule municipality such Chicago, Naperville or Peoria. This number also doesn’t account for Cook County, which is also home-rule, and would be exempted from this property-tax freeze.
The Illinois House of Representatives voted against a proposal to freeze property taxes, denying much-needed relief to Illinoisans, who bear the third-highest property-tax burden in the nation.
A new Illinois Policy Institute analysis finds that adults with no spouse and living with children are most likely to live below the poverty line. Education matters just as much.