Government
Senate's proposed tax increase likely to encourage more out-migration
As state income taxes go up, Illinois’ population continues to drop -- dramatically.
Illinois Policy Institute
Recent News About Illinois Policy Institute
Government
Illinois may be heading for recession, think tank reports
Illinois lawmakers are considering a multibillion-dollar tax hike that the Illinois Policy Institute says may worsen the state’s already weakened economy.
Government
Madigan camp downplays severity of business exodus from state
Illinois lost more residents in a recent one-year period than any other state, the U.S. Census said in a report this week.
Government
Illinois residents slammed by sales taxes
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.
Government
Oberweis possibly leaning toward 'yes' on 'grand bargain'
The "grand bargain" budget compromise is inching closer to a vote in the state senate.
Government
Sources say Nybo supports budget deal
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.”
Government
Illinois faces continued economic downturn, think tank reports
Illinois lawmakers are considering a multibillion-dollar tax hike that the Illinois Policy Institute says may worsen the state’s already weakened economy.
Government
Illinois population dropping sharply
The state of Illinois is losing people faster than any other state in the Midwest.
Business
DuPage sees more than 9,000 leave county in single year
More than 9,000 residents left DuPage County for opportunities in other states between July 2015 and July 2016, according to U.S. Census figures highlighted by the Illinois Policy Institute recently.
Government
'Privilege tax' bills described as Illinois exit signs
Rather than bring in more money for the state, a pair of bills would probably drive more businesses out of Illinois, the founder of a financial website says.
Government
Bankruptcy bounces around as backup plan
After two years without a budget and a failed attempt to compromise on a "grand bargain," some in Illinois are asking whether bankruptcy is a viable way out of the state's financial morass.
Government
If budget hopes are scrapped, Illinois could become first 'junk' state
The chances that Illinois will reach a budget before May 31 and avoid seeing its bond rating lowered to the worst of any state in history are 50-50 at best, according to Mark Glennon, founder of the business and government website WirePoints told the Sangamon Sun recently.
Government
If budget hopes are scrapped, Illinois could become first 'junk' state
The chances that Illinois will reach a budget before May 31 and avoid seeing its bond rating lowered to the worst of any state in history are 50-50 at best, according to Mark Glennon, founder of the business and government website WirePoints told the Sangamon Sun recently.
Business
Dems keep reaching into taxpayer pockets rather than reaching for reforms, Ives says
Senate Democrats think it's easy to reach into taxpayer pockets and pull out $5.4 billion, Rep. Jeanne Ives (R-Wheaton) said on a Chicago-based radio show following Tuesday's vote on Senate Bill 9.
Real Estate
Tax analyst: Illinoisans crushed under weight of sales, income, property taxes
Illinoisans pay more in total taxes than anyone else in the nation, so any thoughts about adding to that burden need to be forgotten, a tax analyst argued recently.