The Wall Street Journal

Expanding sales tax collection to remote retailers

11/16/2011
by Emily Dietrich The debate over sales tax collection for remote retailers and traditional sellers continues to rage. As the Institute reported last month, the state law that forces remote sellers to remit taxes to the Illinois Department of Revenue on behalf of Illinois residents has cost many families in Illinois both jobs and income. Now, federal...

Kotkin to Chicago: Look to New Orleans for School Reforms

11/08/2011
by Michael Wille Joel Kotkin, an author and futurist, recently spoke at the Institute on what Illinois might look like in 2050. He had a number of insights on different areas of public policy, including a commentary on the reforms that have affected New Orleans’ public school system. Following the devastation of Hurricane Katrina in...

Is the Nation slowing Illinois’ job growth?

10/21/2011
by Emily Dietrich Is the national economy really at fault for Illinois’ poor jobs market? The Illinois Department of Employment Security (IDES) released the September numbers on Illinois’ jobs market yesterday. The report was titled: “National Slowdown Impacts Illinois’ Economy.” This report comes on the heels of their August report, titled: “Stagnant National Growth Squeezes Illinois Labor Market.”...

Illinois Business Climate Ranks in Bottom

09/20/2011
by Emily Dietrich Yesterday’s headline in the Chicago Tribune, “Illinois Among Worst States to do Business,” encapsulates what’s been on the minds of countless job creators and job seekers across the state. A new study by the Development Counsellors International reports that of the 322 U.S. corporate executives surveyed, nearly one quarter viewed Illinois as having one of...

A Simple Solution for Mr. Buffett’s Tax Problem

09/20/2011
by Kristina Rasmussen Warren Buffett recently took to the opinion pages of the New York Times to decry America’s unfair tax system. According to his calculations, his effective tax rate is around 17 percent while his the people in his office pay effective rates averaging 36 percent. His solution? Washington should hike his taxes. And yours, while they’re...

Illinois Needs to Learn to Fix Its Schools

06/13/2011
by Aon Hussain Just last week, the Chicago Sun Times published an interesting article about the state of rising teacher salaries. In some parts of Illinois, it is not uncommon to see some teachers earning six figures. In addition to high teacher salaries, administrators of various school districts are making a lot of money even as school...