Published Aug. 17, 2022 Illinois is home to one of the worst pension crises in the country.1 At 39% funded, according to the nonpartisan Pew Charitable Trusts, Illinois has the worst pension funding ratio of any state.2 By contrast, neighboring Wisconsin’s pension system is 103% funded.3 In fiscal year 2022, Illinois’ total general funds pension...
Rising prices and mortgage rates are making housing unaffordable for a growing number of Illinoisans. A property tax increase on the Nov. 8 ballot could make it worse.
Illinois homeowners are most likely in the nation to be in foreclosure. The looming $2,100 property tax hike from Amendment 1 would make housing even more unaffordable.
Gov. J.B. Pritzker declared Illinois a disaster zone for the 32nd time. When this declaration ends, he will have given himself emergency powers for 895 days – more than two-thirds of his term.
We too often call it the “Fourth of July” and lose sight of its true meaning – independence. Independence from tyranny and the freedom to pursue life, liberty and happiness.
Taxpayer contributions accounted for 56% of the money that flowed into Illinois’ pension funds in 2000. Two decades later, residents funded 84% of public employees’ retirements, yet pension debt is still growing.
For Illinois border resident Brett Retherford and his neighbors, high Illinois fuel taxes drive them to buy their gasoline in Iowa. Illinois politicians’ heavy demands lose them hoped-for taxes when drivers have a choice.