Illinois drops 6 spots in 6 years for tax competitiveness

By Patrick Andriesen

11/07/2025

Illinois’ state tax competitiveness ranking dropped six spots – from 32nd to 38th in the past six years. That’s the worst in the Midwest.

New iPhone launches, but Illinoisans pay nation’s highest taxes to use it

By Dylan Sharkey

09/08/2025

Apple’s new iPhone launch on Sept. 9 may be a celebration for tech consumers, but it also makes the Illinois taxman smile. Illinois already had the nation’s highest tax rate on cell phone plans before it bumped up even more July 1.

Businesses moving out of Illinois triples since pandemic

By Bryce Hill

08/12/2025

Illinois lost 218 businesses to other states in 2023, part of an acceleration to triple the rate of what losses were before the pandemic. When adjusted for population, Illinois ranked No. 2 for the most business losses.

Illinois 3X taxes on Juul, Elf Bar, ZYN products to fund more spending

By Ravi Mishra

07/21/2025

In another short-term revenue move, Illinois lawmakers July 1 turned to vape and other nicotine product tax hikes to allow ever-more spending. Taxes on vape products went from 15% to 45% of the wholesale cost.

TAGS: vaping

Illinois ranked No. 1 for cell phone taxes – before latest hike

By Charlotte Rotkis

07/11/2025

Illinoisans paid the highest state and local taxes for wireless cell phone services in the nation in 2024 – $136 per family more than the average. An increase in Illinois’ telecommunication tax July 1 just made them even higher.

TAGS: cell phone tax, Illinois, taxes

Illinois might revive back-to-school sales tax holiday

By Dylan Sharkey

04/09/2025

Illinois lawmakers are looking at a bill that would cut sales taxes during back-to-school shopping. Illinois hasn’t had a sales tax holiday in years. The bill would lower the state sales tax from 6.25% to 1.25% on clothes and school supplies for six days in August 2025.

TAGS: sales tax

Illinois’ flat income tax puts taxpayers exactly in middle, encourages wealthy to stay

By Patrick Andriesen

02/26/2025

A new report from the Tax Foundation shows the typical Illinois taxpayer will save big thanks to the constitutional protections of Illinois’ flat tax. Some state lawmakers want to take that protection away.

Greater Chicago hit hard as Illinois sees 2,342 mass layoffs in January

By Patrick Andriesen, Jon Josko

02/11/2025

Illinois companies announced 2,342 mass layoffs in January 2025, according to state reports. More than 9-in-10 job cuts impacted Cook and the collar counties.

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

By Joe Tabor

02/10/2025

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...

Illinois’ low social mobility: causes and cures

01/28/2025

Published Jan. 28, 2025 Illinois Policy Institute Center for Poverty Solutions, in partnership with the Archbridge Institute By Joshua Bandoch, Ph.D., head of policy, Illinois Policy Institute and Justin Callais, Ph.D., chief economist, Archbridge Institute EXECUTIVE SUMMARY A low-income person’s ability to move up in society is worse in Illinois than in any other Midwestern...

Tax Foundation

Illinois drops 6 spots in 6 years for tax competitiveness

New iPhone launches, but Illinoisans pay nation’s highest taxes to use it

Businesses moving out of Illinois triples since pandemic

Illinois 3X taxes on Juul, Elf Bar, ZYN products to fund more spending

Illinois ranked No. 1 for cell phone taxes – before latest hike

Illinois might revive back-to-school sales tax holiday

Illinois’ flat income tax puts taxpayers exactly in middle, encourages wealthy to stay

Greater Chicago hit hard as Illinois sees 2,342 mass layoffs in January

A way out: Bankruptcy authorization would give struggling Illinois municipalities options

Illinois’ low social mobility: causes and cures

Chicago Forward 2026: A pro-growth plan to end city budget deficits

Report Archive

Diana Graham

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students