The number of business establishments – farms, factories, businesses, stores, etc. – has grown in Illinois in the last 15 years.
Illinois’ tax revenues increased more than those of any state but North Dakota since Great Recession
Illinois has a spending problem, not a revenue problem – and a new study from The Pew Charitable Trusts confirms that fact. The study shows that as of the first quarter of 2015, Illinois’ tax revenues had grown by almost 20 percent over tax receipts from just prior to the 2008 recession, which is more than any other state except North Dakota.
Illinois House Speaker Mike Madigan has spent recent weeks promoting half-truths about the problems facing the state.