Illinois Policy Institute
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From Prairie State Wire
Population falling, but Illinois government leaders agree to spend, borrow more
Illinois state government leaders say they will spend a record $38.5 billion and borrow an estimated $11.5 billion over the next year, according to a fiscal year 2019 budget plan approved by Gov. Bruce Rauner.
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Policy institute exec joins Rauner in crusade to save taxpayers
Gov. Bruce Rauner is bringing in a "champion" to fight for Illinoisans.
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Rauner replaces Chief of Staff Goldberg with Illinois Policy's Rasmussen
Gov. Bruce Rauner has fired his Chief of Staff Richard Goldberg and replaced him with Illinois Policy Institute President Kristina Rasmussen.
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Illinois held down by economic, moral decay, analyst says
While every state around it continues to grow in population and prosperity, Illinois keeps shrinking under the strain of higher taxes and more regulations, Michael Lucci, vice president of policy for the Illinois Policy Institute, said in an article on the institute's website.
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U46 school boss says property tax freeze would hurt students
School students need Illinois to invest in them, not take money away, Tony Sanders, CEO of School District U46, told a House Property Tax Subcommittee on Friday.
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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 the Pew Charitable Trusts recently published on the Illinois Policy Institute website.
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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.
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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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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.
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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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Kane County deals with fleeing population
Kane County was one of 93 Illinois counties to see a net loss of population between mid-2015 and mid-2016, according to a chart tweeted by Michael Lucci of the Illinois Policy Institute recently.
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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 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.