Top News

Illinois income tax hike to 5% opens door for a progressive tax hike

Ted Dabrowski and John Klingner, Illinois Policy Institute May 30, 2017, 8:55am

An income tax hike to 5 percent makes a call for a progressive tax system during the 2018 gubernatorial race a much easier sell.

Illinois' public pensions in some ways mirror Madoff's Ponzi scheme

The Madison County Record May 24, 2017, 11:42am

A Ponzi scheme is a form of fraud in which early investors see quality returns, not because their money was invested wisely as the investors are led to believe, but because new investors fund the payouts. The cycle perpetuates itself – more and more new investors are needed to continue to fund previous investors' returns at an unbeknownst higher risk to themselves – until it inevitably collapses.

Illinois House has spent less than six hours in session this month

Austin Berg, Illinois Policy Institute May 22, 2017, 3:00pm

House members have spent as much time playing softball and basketball as they have in session since the beginning of May.

Report shows 'true' accounting of pension liabilities more than double what governments say; Expert: debt is 'utterly absurd'

Ann Maher May 17, 2017, 10:04am

Financial expert Mark Glennon of Wilmette says in his analysis of a new study on state and local pensions that the only way to reduce the substantial obligations facing Illinois funds are by amending the state constitution or through federal bankruptcy.

Puerto Rico's 'bankruptcy' a warning to Illinois

Ted Dabrowski and John Klingner, Illinois Policy Institute May 8, 2017, 11:14am

Illinois needs to enact structural spending reforms to avoid following Puerto Rico down the path to insolvency.

Illinois' April 30 tax freedom day is tied for latest in Midwest

Craid Lesner, Illinois Policy Institute May 1, 2017, 10:36am

When it comes to taxes, everyone works for the government. Illinoisans worked 120 days – from Jan. 1 until April 30 – to pay the taxes they owe to federal, state and local governments.

Do the Democrats in Springfield really need a bargain?

Diana Rickert, Illinois Policy Institute Apr. 20, 2017, 2:26pm

For almost two years, we’ve heard a litany of excuses for why Illinois does not have a state budget.

While Metro East residents struggle, local lawmakers continue to get paid over 2-week spring break

Hilary Gowins, Illinois Policy Institute Apr. 17, 2017, 8:25am

The Illinois General Assembly adjourned April 11 without passing a balanced budget or tackling essential reforms to save the state from financial ruin.

The shrinking Metro-East

Brendan Bakala, Illinois Policy Institute Apr. 11, 2017, 11:01am

Recently released census data reveal that St. Clair and Madison counties saw combined population losses of more than 1,600 people due to out-migration to other states.

Illinois workers' compensation rules cost taxpayers nearly $1 billion a year

Brendan Bakala, Illinois Policy Institute Apr. 10, 2017, 8:51am

State and local costs for workers’ compensation are out of line with what other states pay.

Moody's warning of an 'inflection' point in Illinois signals need for reform

Ted Dabrowski and John Klingner, Illinois Policy Institute Apr. 4, 2017, 7:05am

Illinois lawmakers should heed Moody’s Investors Service’s warnings about the state’s precarious economic health and dire fiscal situation and enact major structural spending reforms to balance the budget.

Illinois has hurt its economy by piling on taxes since the great recession

Michael Lucci, Illinois Policy Institute Mar. 27, 2017, 12:25pm

State and local tax hikes in Illinois have hurt economic growth, lowered the standard of living, and contributed to out-migration.

Majority of Illinois voters support a 'no tax hike budget'

John Tillman, Illinois Policy Institute Mar. 7, 2017, 4:18pm

More than half of Illinois voters want lawmakers to balance the budget by only cutting state spending.

This is one fever we'd like to catch

The Madison County Record Feb. 14, 2017, 7:11am

Sometimes a fever's a good thing, a natural, therapeutic response to disease. Our state is sick and could use a cleansing fever.

John Cullerton feeds the rumor mill to deflect blame for his failures

The Madison County Record Feb. 8, 2017, 7:00am

Rumor has it that State Senate President John Cullerton (D-Chicago) is “frustrated” with the current Illinois budget crisis and is contemplating retirement.

Illinois losing 1 resident every 4.6 minutes, could fall behind Pennsylvania population

Michael Lucci, Illinois Policy Institute Dec. 21, 2016, 7:29am

Illinois has record loss of 114,000 residents to other states in 2016 as population shrinks by 37,500.

Members of the Illinois House of Representatives who gave Michael Madigan unlimited power

Austin Berg, Illinois Policy Institute Nov. 8, 2016, 8:35am

Illinois House Speaker Mike Madigan isn’t a typical state representative.

You need money and connections to get into Madigan's place

The Madison County Record Oct. 18, 2016, 3:03pm

Suppose there was a popular restaurant in Springfield called Madigan's, it was so popular that they could charge top dollar for all their dishes, so popular that you couldn't get in without a reservation, and you couldn't get a reservation unless you were somebody or knew somebody, and even then you still had to slip the maître d' a C-note to get seated.

Illinoisans who vote for Madigan

Austin Berg, Illinois Policy Institute Oct. 11, 2016, 11:24am

Just as Illinoisans elect state representatives, state representatives elect the speaker of the House every two years. To become the speaker, Madigan just needs a majority vote.

Illinois entrepreneurs deserve the right to earn a living

Michael Lucci, Illinois Policy Institute Oct. 4, 2016, 9:43am

Illinois lawmakers should support a statewide law that limits government business regulations to only those necessary and carefully tailored to serve a legitimate public health, safety or welfare purpose.