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.”
Kentucky will join the 26 other states in the nation with right-to-work laws, causing some to wonder if Illinois will join the movement anytime in the foreseeable future.
The Cato Institute economist who recently said Illinois has entered a death spiral admitted on a recent Chicago-based radio show that his statement is hyperbole — but not by much.
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.