Illinois Policy Institute
Recent News About Illinois Policy Institute
-
.jpg)
Policy group says sugary drink tax could fizzle
While a proposed tax on sugary drinks could pour as much as $560 million into the state’s coffers every year and perhaps put a lid on obesity, it will no doubt be tough for beverage producers to swallow, a public policy group warned recently.
-
Illinois households saddled with $56,000 tax burden to pay government employees' retirement debt
Taxpayers all across the state of Illinois are now saddled with a major tax burden, a recent report from the Illinois Policy Institute concluded.
-
Bill would have translated into huge waste of money, radio host says
A Democrat-proposed $1.5 million translation bill that was shot down after Republican lawmakers pointed out the service can be done for free illustrates how casually state representatives spend money, the co-host of a Chicago-based radio talk show said during a recent broadcast.
-
Illinoisans carry heaviest tax load, analysis determines
Making ends meet in the Prairie State is no walk in the park, according to a recent WalletHub analysis that said Illinois' combination of sales, property and income taxes is the nation’s highest.
-
Illinois' loss is neighboring states' gain
Illinois appears to be gushing jobs. For years now, labor-intensive manufacturing employees have been finding work in bordering states, but new graduates and younger employees are also fleeing in search of better opportunities. The most dramatic losses typically occur in summer.
-
Tennessee pension case might carry message for Illinois
A Chicago think tank says the message sent by a recent federal appeals court ruling in Tennessee could have relevance in Illinois.
-
AFSCME members could lose their jobs in a strike, labor attorney warns
Should members of Illinois' largest public employee union decide to strike, they might work-stop their way out of their jobs, a conservative think tank labor attorney said during a recent interview.
-
Illinois population dropping sharply
The state of Illinois is losing people faster than any other state in the Midwest.
-
Manufacturer: Trump's election alone has improved industry outlook
President Donald Trump has already boosted U.S. manufacturers' outlook, the president of a company that moved from Illinois to Indiana recently said on a Chicago-based radio talk show.
-
Illinois residents slammed by sales taxes
Pay highest combined sales taxes in the Midwest; seventh highest in the nation.
-
Senate's proposed tax increase likely to encourage more out-migration
As state income taxes go up, Illinois’ population continues to drop -- dramatically.
-
Illinois faces continued economic downturn, think tank reports
Illinois lawmakers are considering a multibillion-dollar tax hike that the Illinois Policy Group says may worsen the state’s already weakened economy.
-
Think tank, state reps propose Budget Solutions 2018 plan to close $7.1 billion deficit
The Illinois Policy Institute is proposing a budget the think tank's 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.
-
High property taxes a multilayered problem in Illinois
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.
-
Protests greet Madigan's controversial re-election as House speaker
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.
-
Morrison: ‘More appetite’ to raise taxes than cut spending in Springfield
The idea that Senate leaders are proposing a budget plan that would raise the personal income tax rate to at least 4.95 percent -- despite the last tax hike costing the state billions of dollars in lost income -- has many concerned.
-
Analysis: Illinois has nation's steepest 'wealth flight' income differential
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.”
-
Workers' comp reform a top priority for Rauner in 2017
Getting Illinois back on its feet has been a top priority for Illinois Gov. Bruce Rauner since he took office two years ago.
-
Critics point out hypocrisy in Madigan attack on Rauner regarding wealth and power
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.
-
Frustrated Illinois manufacturer flees to Indiana's 'affordable shore' next door
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 that one day, the state will get its act together.