Illinois’ overly restrictive rules governing day care facilities drive up costs and make high-quality child care unaffordable for many families, while doing nothing to enhance child safety.
The bad news keeps piling up for Illinoisans. Illinois Policy’s “corruption watch” blog series hit a new high in the month of July with nearly 100 corruption-related stories. Chicago and Springfield are the two cities most synonymous with the state’s corruption woes. Unsurprisingly, both cities dominated headlines with the top two corruption stories of the...
US labor report Many analysts are challenging the 0.3 percentage point drop in the nation’s September unemployment rate released this morning by US Bureau of Labor Statistics. The BLS announced the unemployment rate dropped to 7.8 percent from 8.1 percent in August. The unemployment rate, which is now below 8 percent for the first time...
When Rhode Island saw the writing on the wall late last year, its legislature did something no one thought it could do. It passed the boldest pension reforms in the nation. A democrat-controlled state, with the second-worst funded pension system in the nation, passed a series of reforms that cut the state’s unfunded liabilities by...
by Ashley Muchow Mercatus Center’s Veronique de Rugy has made it on our list of bloggable material for quite some. She has, yet again, delivered another applicable piece of statistical analysis. In the graph below, de Rugy uses the earliest records available to plot the historical path of tax revenue as a percentage of GDP and the trend of the top...
by Ashley Muchow History has shown us that increasing the top margin personal income tax rate has done little to impact tax revenues. Indeed, over the past 60 years, tax revenues as a percentage of GDP have averaged just under 19.5 percent even when the top marginal tax rate has fluctuated from its 92% peak in...
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...