Illinois Policy Institute
Recent News About Illinois Policy Institute View More
-
Overtaxed Illinoisans also seeing nation's smallest growth in personal income
Illinois’ average personal income growth since the Great Recession is tied with Nevada for the worst in the country, according to data from Pew Charitable Trusts recently published on the Illinois Policy Institute website.
-
Taxpayers say 'reform,' but lawmakers hear 'more taxes,' policy pro says
Illinois lawmakers betray their ignorance of the needs and opinions of taxpayers when they pass huge tax increases as a way out of the ongoing budget impasse, a policy expert said on a radio program recently.
-
All play and no work — yet legislators still draw paychecks, policy pro argues
Lawmakers have spent very little time in their seats, but at least they got to have play time, Austin Berg wrote on the Illinois Policy Institute website recently.
-
Financial pro says Illinois following Puerto Rico's footsteps financially
Illinois appears to be heading south in more ways than one, a financial expert said on a Chicago-based radio show recently.
-
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.
-
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.
-
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.
-
Illinois households saddled with $56,000 tax burden to pay government employees' retirement debt
Taxpayers across Illinois are saddled with a major tax burden, a recent report from the Illinois Policy Institute concluded.
-
Illinois population dropping sharply
The state of Illinois is losing people faster than any other state in the Midwest.
-
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.
-
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.
-
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.
-
Senate's proposed tax increase likely to encourage more out-migration
As state income taxes go up, Illinois’ population continues to drop -- dramatically.
-
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.
-
Think tank, state reps propose Budget Solutions 2018 plan to close $7.1 billion deficit
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.
-
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.
-
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 one day the state will get its act together.
-
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.”
-
Anti-Madigan rally planned in Springfield
The Illinois Policy Institute has announced an upcoming rally opposing Rep. Mike Madigan's (D-Chicago) re-election as speaker of the House.