Adam Schuster, Illinois Policy Institute News

Illinois Supreme Court defends inflated pensions for Chicago union leaders

By Adam Schuster, Illinois Policy Institute | Dec 4, 2018

Once again proving why the state must amend the Illinois Constitution’s pension clause, the court unanimously ruled in favor of a special perk that inflated union leader pensions to nearly three times the pension of the average worker.

Illinois residents will pay additional online sales tax starting Oct. 1

By Adam Schuster, Illinois Policy Institute | Sep 25, 2018

As a result of the U.S. Supreme Court’s decision in South Dakota v. Wayfair Inc., most online purchases in Illinois will now be subject to automatic collection of the state’s 6.25 percent use tax.

Moody’s: Illinois pension debt-to-revenue ratio hits all-time high for any state

By Adam Schuster, Illinois Policy Institute | Sep 4, 2018

According to a new report by Moody’s Investors Service, Illinois’ unfunded pension liabilities equaled 601 percent of state revenues in 2017, a U.S. record.

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