Illinois Policy Institute
Recent News About Illinois Policy Institute
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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.
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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.
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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.
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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.
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'Privilege tax' bills described as Illinois exit signs
Rather than bring in more money for the state, a pair of bills would probably drive more businesses out of Illinois, the founder of a financial website says.
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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.
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Illinois population dropping sharply
The state of Illinois is losing people faster than any other state in the Midwest.
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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.
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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.
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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.
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Senate's proposed tax increase likely to encourage more out-migration
As state income taxes go up, Illinois’ population continues to drop -- dramatically.
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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.
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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.
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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.
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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.
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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.
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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.”
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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.
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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.
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Tribune: Illinois residents aren't frogs, won't remain in Madigan's boiling pot
Invoking an old wives’ tale referring to ambivalent, “average" amphibians, the Chicago Tribune recently created an analogy between disinterested Illinois taxpayers and a hypothetical pot of frog stew to illustrate the state’s simmering fiscal status.