Michael Lucci News
Right to work states have lower minority unemployment
LucciRight-to-Work states are doing a better job of providing opportunity for minorities seeking work, according to newly released data from the Bureau of Labor Statistics, or BLS. The comparison between Right-to-Work states and forced-union states, such as Illinois, shows that black unemployment in Right-to-Work states is a full percentage point below forced-union states. Latino unemployment in Right-to-Work
Illinois' economic crisis requires local solutions
LucciSpringfield’s policy missteps have walked Illinois into a financial and economic crisis. As a result, statewide reform legislation is needed to breathe life back into the Illinois economy. In addition, local areas should step up to the plate to provide business-friendly solutions.Illinois’ anti-growth policies and slow job creation have held back local areas. In November, Illinois hit a state
Illinois workforce shrinks by largest margin in state history
In June, Illinois suffered the largest monthly workforce loss in recorded state history.
Illinois should repeal the death tax
Of all Illinois’ taxes, its death tax is the most morbid. Only 15 states in the U.S. levy a tax on death, and Illinois has the second-highest rate.Death taxes include estate and inheritance taxes. They hit certain Illinois families hard. Farmers, investors and business owners often need substantial assets to generate a moderate income.Not only that. The death tax chases wealthy retirees out of the
The five absurdities of Illinois’ Sunday car sales ban
Cronyism in the car industry didn’t start with Chicago’s ongoing attempt to control ride-share companies. In 1982, big car dealerships successfully lobbied to ban their competitors from making Sunday car sales. A generation of car buyers has lost out because of it.