There is a silver lining should the Supreme Court rule against the ACA: Illinoisans would no longer be subject to an estimated $6.5 billion in IRS penalties.
Despite Illinois’ precarious financial situation, some lawmakers are continuing their efforts to establish an expensive state-based ObamaCare exchange.
If this Supreme Court strikes down the IRS subsidies in states without a state-based health-insurance exchange, Illinois employers and employees would see much-needed relief.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...