Tax Foundation

1,190 Illinois jobs shed in July, with Deere leading for 2nd month

By Patrick Andriesen, Jon Josko
09/04/2024
The Quad Cities will experience a combined 319 job cuts after John Deere announced layoffs at both its World Headquarters in Moline and Harvester Works factory in East Moline. Romeoville saw more than 1-in-4 of the mass layoffs statewide.

TAGS: jobs

Regulatory reform can make housing more affordable for Illinois families 


By Josh Bandoch, Joe Tabor
07/09/2024
Published July 9, 2024 America is facing a housing affordability crisis. According to a 2022 survey, 73% of Americans said the average person could not afford a home in their area, and 69% were worried about their children and grandchildren being able to afford a home. That’s unfair. Everyone deserves a good roof over their...

New John Deere layoffs follow Illinois losing 1,124 jobs in May

By Patrick Andriesen, Jon Josko
07/02/2024
Declining demand has John Deere planning 600 layoffs, including 280 in Illinois, by the end of August. Illinois already had companies planning to cut 1,124 jobs in May, hitting janitorial services providers, collection agencies and packaging industries.

TAGS: jobs

Illinois retailers taxed $186M by capping sales tax credit

By Patrick Andriesen
05/30/2024
A cap on the retailers’ sales tax credit will effectively hikes taxes on Illinois retailers by $186 million. Retailers are already facing razor-thin margins, but the record $53.1 billion state budget required $1.1 billion in new taxes.

TAGS: sales tax

Illinois sales taxes highest in Midwest

By Bryce Hill
02/14/2024
Combined state and average local sales tax rate tallies 8.85% in Illinois for 2024. That’s the highest in the Midwest and seventh highest in the nation.
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FAQ: How the federal scholarship program would help Illinois students

Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...

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Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

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

By Ted Dabrowski
05/02/2016