After years of enhanced revenue from federal aid, a return to the basic principles of budgeting can put Illinois on the path to long-term financial stability
Low-tax states attract the majority of movers, while high-tax states push them away. Illinois takes nearly 13% of all money made in the state as taxes, and lost 141,656 residents in 2022.
Here's what the progressive tax looked like nearly five years ago when state lawmakers were pushing a plan to tax Illinoisans $3.6 billion more, starting with those making $17,300.
Illinois is the second-most popular state to leave based on a survey of movers by United Van Lines. Illinois has also experienced nine straight years of population loss.
Record outmigration in 2022 pushed Illinois’ population change into the red for the 9th straight year, the second-longest streak in the nation, the Census Bureau reported.
Kentucky, Wisconsin, Indiana and Missouri are attracting residents while Iowa and Michigan are the only neighbor states losing residents to other states
More Illinoisans fled for other states from July 2021-July 2022 than during any other year in recorded history, driving the state’s record population decline.
New Census Bureau data shows people moving out of Illinois continues to drive the state’s population decline. So many moved away in the year before July 2022, it was almost like Rockford disappearing.
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...