Illinois population dropping sharply
The state of Illinois is losing people faster than any other state in the Midwest.
The state of Illinois is losing people faster than any other state in the Midwest.
Illinois lawmakers are considering a multibillion-dollar tax hike that the Illinois Policy Institute says may worsen the state’s already weakened economy.
State Sen. Chris Nybo (R-Elmhurst) is expected to vote in favor of a new budget deal for the state, which has been dubbed the “grand bargain.”
The "grand bargain" budget compromise is inching closer to a vote in the state senate.
Illinois residents are being slammed by ever-rising taxes, from a tax on soda pop in Cook County to a citywide tax increase of 0.5 percent in Danville.
Illinois lost more residents in a recent one-year period than any other state, the U.S. Census said in a report this week.
Illinois lawmakers are considering a multibillion-dollar tax hike that the Illinois Policy Institute says may worsen the state’s already weakened economy.
As state income taxes go up, Illinois’ population continues to drop -- dramatically.
Property owners in Illinois are the hardest hit in the nation when it comes to taxes. And the property tax burden coupled with falling home values is crippling homeowners and leading many Illinois families to deduce that buying a home in Illinois just isn’t worth it.
The Illinois Policy Institute is proposing a budget conservative group leaders contend would put an end to the state’s nearly two-year impasse, closing a $7.1 billion deficit without adding any new taxes.
In one of the first votes by the newly sworn-in Illinois House, long-serving House Speaker Mike Madigan (D-Chicago) was re-elected to a 17th term in that seat.
Illinois Senate leaders are reportedly still negotiating the proposed budget plan that would raise the personal income tax rate to at least 4.95 percent.
There's a certain hypocrisy to House Speaker Mike Madigan (D-Chicago) accusing Republican Gov. Bruce Rauner of holding the budget process hostage for his wealthy friends and big business in general, a radio talk show's co-hosts said recently.
The president of a company that moved from Illinois to Indiana said recently on a Chicago radio talk show that he looks back on Illinois and hopes one day the state will get its act together.
After Illinois’ personal income tax was hiked just 2 points — from 3 to 5 percent — in early 2011, a record number of residents packed their bags, revealing what the Illinois Policy Institute termed “wealth flight.”