A U.S. Census Bureau report released this week reveals that between July 2015 and July 2016, Illinois lost 114,144 residents -- a net loss of 37,508 when arrivals are factored in -- a record high for the state.
Invoking an old wives’ tale referring to ambivalent, “average" amphibians, the Chicago Tribune recently created an analogy between disinterested Illinois taxpayers and a hypothetical pot of frog stew to illustrate the state’s simmering fiscal status.
The Illinois Policy Institute has announced an upcoming rally opposing Rep. Mike Madigan's (D-Chicago) re-election as speaker of the House.
While online mega-retailer Amazon.com’s recently disclosed plan to open two facilities in Aurora appears to signal better business for Illinois, with 1,000 new jobs announced, some analysts said the giant retailer actually will be receiving more than it gives.
Getting Illinois back on its feet has been a top priority for Illinois Gov. Bruce Rauner since he took office two years ago.
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.”
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.
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.
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.
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.
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.
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.
As state income taxes go up, Illinois’ population continues to drop -- dramatically.
Illinois lawmakers are considering a multibillion-dollar tax hike that the Illinois Policy Institute says may worsen the state’s already weakened economy.
Illinois lost more residents in a recent one-year period than any other state, the U.S. Census said in a report this week.