Top News

Property taxes grow faster than Illinoisans' ability to pay for them

John Klingner and Evelyn Hussey Jul. 18, 2017, 12:47pm

Illinois homeowners’ property taxes are among the highest in the nation. They are consuming more and more of Illinoisans’ incomes.

Illinois' $21 billion in school debt pushes up property taxes

Ted Dabrowski and John Klingner, Illinois Policy Institute Jul. 11, 2017, 8:55am

School districts’ have borrowed over $21 billion, increasing the burden on Illinois taxpayers.

Illinoisans are still waiting for independence

Austin Berg, Illinois Policy Institute Jul. 7, 2017, 12:11pm

More than 240 years ago, a group of individuals stood up against a far-off king who taxed them without recourse. Americans honor their efforts each year on Independence Day.

Statements on veto override

Letters to Editor Jul. 7, 2017, 7:51am

Rauner: Speaker Madigan’s 32 percent permanent income tax increase will force another tax hike in the near future.

44-0

Ted Dabrowski, Illinois Policy Institute Jun. 28, 2017, 11:21am

Illinois Gov. Bruce Rauner won the 2014 gubernatorial election on a 44-point Turnaround Agenda meant to “shake up Springfield.”

'Show Me State' shows Illinois the way on lawsuit reform

Travis Akin, Illinois Lawsuit Abuse Watch Jun. 27, 2017, 8:55am

It is tale of two states – the “Show Me State” and the “Sue Me State.”

Illinois House passes resolution encouraging tourism in the Bahamas

Marianna Schmiesing, Illinois Policy Institute Jun. 26, 2017, 8:25am

State representatives passed House Resolution 290, encouraging tourism between Illinois and the Bahamas.

Property tax bill: May cause heart attack or stroke

Eric Allie, Illinois Policy Institute Jun. 20, 2017, 9:26pm

The Illinois Policy Institute brings focus to the rising Illinois property taxes.

What's a junk bond and why Illinois will be America's first 'junk' state

Michael Lucci, Illinois Policy Institute Jun. 19, 2017, 7:10am

Illinois’ bonds are currently priced like they are junk-rated.

Powerball, Mega Millions to drop Illinois due to budget crisis

John Kristof, Illinois Policy Institute Jun. 19, 2017, 6:48am

Popular lotteries may stop gambling on Illinois.

We have to burn the village to save the village

Eric Allie, Illinois Policy Institute Jun. 13, 2017, 11:35am

About one in six Illinois homeowners are seriously underwater, according to a report from the Illinois Policy Institute, which is 70 percent higher than the national average. And locally, homeowners in several communities suffer greater than the state average in being seriously under water - owing more than their home is worth. For instance, in East St. Louis, 41 percent of homeowners are under water; in Alton, 20 percent and in Belleville, 18 percent.

Illinois lawmakers pass legislation requiring financial impact statements on executive orders, ignore cost of bills they pass

Mindy Ruckman, Illinois Policy Institute Jun. 12, 2017, 2:21pm

House Bill 2379 would require fiscal impact statements on every executive order. However, less than 3 percent of bills enacted into law in the 99th General Assembly had fiscal notes.

Illinois budget deficit projected to hit $6.2 billion by June 30, grow to $7.7 billion by June 2018

Eric Kohn, Illinois Policy Institute Jun. 8, 2017, 4:42pm

The state’s bill backlog is expected to hit $22.7 billion and pension costs are predicted to grow 14 percent by fiscal year 2018.

Don’t let them get away with it

Matt Besler, Illinois Opportunity Project Jun. 6, 2017, 5:24pm

Budget negotiations must begin with reforms to the programs that drive state spending up and the policies that drive families and businesses out.

Lawsuit seeks back pay for Illinois lawmakers

Austin Berg, Illinois Policy Institute Jun. 5, 2017, 11:38am

Former state Sen. Michael Noland is suing for back pay after the General Assembly nixed cost-of-living adjustments and forced furlough days.

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.

Get noticed by getting your news out

Jim Grandone May 30, 2017, 8:07am

The days of spending time writing a press release, getting it approved, mailing it to the newspaper and television and waiting a couple of days, hoping for the best are long gone. News now is instantaneous. It is a 24/7 beast that must be fed. If it happened last month, it isn’t news any longer. It’s history.

Illinois Senate Democrats pass $5.4B tax increase

Ted Dabrowski and John Klingner, Illinois Policy Institute May 24, 2017, 9:31am

Each Illinois household would pay an additional $1,125 in taxes each year, on average, under the Senate's tax-hike plan.

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.

Metro East median property taxes rank in the top 50 highest in Illinois

Eric Kohn, Illinois Policy Institute May 16, 2017, 8:54am

High property taxes in the Metro East region are fueling out-migration from the area.