Budgets/Taxes · Economics · Featured
While becoming more and more powerful, public sector unions are losing favor with taxpayers, Daniel DiSalvo, author of “Government Against Itself: Public Union Power and Its Consequences,” said during a forum hosted by The Illinois Policy Institute Tuesday in Chicago.
Coming thirteen days after state and federal income tax returns were initially due, Tax Freedom Day, according to the Illinois Policy Institute’s Senior Budget and Tax Policy Analyst Benjamin VanMetre, marks the point in the year when Illinoisans have worked long and hard enough in the aggregate to cover their share of state, federal and local taxes “and can start keeping their hard-earned money.” About a third of Illinois residents’ efforts this year – 118 days’ worth out of the calendar year’s 365, in other words – went just to paying taxes.
Budgets/Taxes · Featured · Politics
All of Illinois’ neighboring states were in the top half of Chief Executive Magazine’s 2012 list of best states for business. Illinois was rated third worst.
In recent weeks, Illinois legislators have considered several major pension reform proposals. Several pieces of legislation were considered by legislators that attempted to take some positive steps towards controlling costs[…]
There may be a simple explanation for why the vast majority of fourth and eighth graders in the Chicago Public Schools can’t read or do math at grade level – though there[…]
States across the country continue to be fiscally-suffocated by debt from health entitlement programs, especially Medicaid. The State of Illinois has sought ways to curb it’s deficit, but few have[…]
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