Illinois Policy Institute
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Illinois Policy Institute exec: Fair Tax will give low-income workers relief equal to $6 'fast food meal'
The proposed Fair Tax will make it easier for the Illinois Legislature to tax retirement income, according to an analyst with the Illinois Policy Institute.
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Americans for Prosperity Action-Illinois rep says state is 'slowly experiencing the worst-case scenario over the course of decades'
New York, Illinois, California experiencing highest amount of flight
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Former aldermanic candidate fears Pritzker's progressive tax will cost jobs in Illinois
Former Chicago aldermanic candidate David Krupa does not see how Illinois can still be Illinois if Gov. J.B. Pritzker gets his way with his progressive tax proposal.
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GOP political strategist: Progressive tax could cost Illinois more than 56,000 jobs
Republican political strategist Chris Robling fears the more than 56,000 jobs Gov. J.B. Pritzker’s progressive tax proposal is predicted to cost the state would only be the start of worse developments.
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41st Ward committee candidate calls progressive tax 'total sham'
Northwest Side GOP Club vice president and 41st Ward Republican committee candidate Ammie Kessem views Illinois Gov. J.B. Pritzker’s progressive income tax push as just more of the smoke and mirrors that has landed the state is such a precarious financial position.
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Chicago will lose over 22,000 jobs under Pritzker's tax plan, Illinois Policy Institute projects
Chicago Republican Party Chairman Chris Cleveland said he wonders how anyone in Illinois can trust Springfield as lawmakers iknsist that Gov. J.B. Pritzker’s progressive tax will mean higher property tax rates only for a certain demographic.
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Alleged subject of McClain email to receive $2.7M in pension payments, IPI reports
Although he now finds himself embroiled in the latest scandal involving Illinois House Speaker Mike Madigan (D-Chicago), a former state worker's silence is expected to pay huge dividends in the years ahead.
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From Prairie State Wire
New session will reveal how serious Pritzker is about independent mapmaking
All eyes will be on Illinois Gov. J.B. Pritzker at the start of the new session to see if the Democratic leader has any intention of making good on his pledge to bring fair electoral mapmaking to the state.
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Lightfoot's proposed dining-out tax hike draws ire of local activist
If you’re dining out in Chicago, you can expect to pay an additional 11.75-percent tax on your meal under a new proposal from first-term Chicago Mayor Lori Lightfoot.
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Lightfoot's restaurant tax will not sit well with Chicago diners, blogger says
Faced with a staggering $838 million budget deficit, Chicago Mayor Lori Lightfoot intends to raise revenue by making it more costly for city residents to eat out.
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CPS pension packages sweeter than private sector, IPI reports
With the average Chicago Public Schools (CPS) teacher receiving nearly $77,000 in annual pension benefits, the Illinois Policy Institute (IPI) reports that a retired CPS educator makes back what they put into the system just five months into retirement.
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From Prairie State Wire
Illinois property taxes continue to stifle housing market, IPI reports
Housing sales in Illinois continue to lag below the national average as the state's rising property taxes have all but crippled the market.
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Chicago Teachers Union threatens third strike in seven years
With the threat of a third Chicago Teachers Union (CTU) strike in the last seven years hanging in the balance, Illinois taxpayers could soon be forced to pay at least $1.1 billion in order to hammer out a deal.
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From Prairie State Wire
Illinois’ pension debt remains worst in the nation
Illinois’ record-setting 2017 income tax hike has done little to slow the state’s rising pension costs, leaving state taxpayers on the hook for nearly $250 billion in unfunded public pension liability.
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From Prairie State Wire
Motorists get no relief from periodic efforts to eliminate Illinois' toll system, IPI reports
The prospect of Illinois' tollways becoming “freeways” has proven to be an agonizingly slow process that still has not come close to fruition.
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Illinois Policy Institute: Bailout of local pension funds could boost state's pension debt to $200 billion
A state bailout of local pension funds for municipal workers in Illinois could lift its total pension debt to $200 billion, the Illinois Policy Institute think tank said Wednesday.
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From North Cook News
Cook County home values slump while property taxes rise, report finds
Average home prices in Cook County have slumped by nearly a third in value over the last decade while property taxes have continued to skyrocket, according to a Federal Housing Finance Agency report.
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From Prairie State Wire
IPI report illustrates just how unsustainable are Illinois' broken pension systems
Over the last 30 days, Illinois’ already overtaxed state-run pension systems have added at least 651 retired government workers that are projected to average $1.3 million in lifetime pension benefits, according to an Illinois Policy Institute (IPI) report.
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Chicago activist fears latest wave of new taxes and fees will drive even more out of Illinois
Chicago conservative activist Tim Jones has a simple, straightforward philosophy when it comes to the state’s system of taxation.
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Central Stickney School District 110 educator opposes Illinois school efficiency bill
More than 130 Illinois public school administrators who signed witness slips in opposition to a bipartisan bill that aims to consolidate Illinois school districts make six-figure salaries, according to an analysis compiled this week.