A new study from The Pew Charitable Trusts shows that Illinois’ tax revenues are up by 20 percent over their pre-Great Recession peak, debunking the oft-repeated mantra that Illinois is just one more tax hike away from solving its fiscal problems.
Illinois prisons held 150 percent of their maximum capacity in 2014, the highest rate of crowding of any prison system in the country, according to the Bureau of Justice Statistics.
For inner-city families without the luxury of a private education, an Illinois manufacturing job is and always has been the first rung up the economic ladder.
Illinois stands out in the Midwest for unaffordable housing – 34 percent of Illinois households spend more than 30 cents per dollar of income on housing, more than any other state in the region.
Tax revenues in Illinois are up 22.5 percent over pre-recession highs, while 30 other states are collecting less tax revenue today than they were before the recession began.
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.