Illinois Policy Institute

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Illinois Policy Institute News

The most misleading myths in Illinois politics

It’s no secret there’s a lot wrong with Illinois. Abraham Lincoln’s birthday, Feb. 12, is an annual reminder of how far the state has drifted away from the virtues of its most illustrious lawmaker.

Kiss-off: Too many Illinoisans breaking up with the state

Every relationship comes with some sacrifices. But for an alarming number of Illinoisans, they're opting instead to sacrifice their state IDs.

Madison County Board votes to have townships pay assessment costs

Some Madison County townships could see their costs go up, which could drive up property taxes.

Giant sucking sound: Illinois lost $3.4B in income to neighboring states since 2010

Policy failures have resulted in a steady stream of income flowing to neighboring states.

IRS: Illinois saw net loss of 101,000 people to neighboring states since 2010

Illinois’ failure to keep and attract residents is driving the Land of Lincoln’s population decline.

Rising property tax burdens squeeze Illinois families

For most Illinois homeowners, it’s become painfully obvious that they pay some of the highest property taxes in the country. But a couple of new studies could lead some to believe the burden might not be that bad, and might even be getting better.

Illinois General Assembly, 2017 in review: State pet, state grain, but no fixes

Illinois lawmakers passed hundreds of bills in 2017, but enacted no real reforms to boost the state’s economy, rein in the cost of government or provide relief to taxpayers.

New laws set to take effect Jan. 1 include ban on part-time participation in IMRF

More than 200 new laws will take effect in Illinois on Jan. 1, including one that restricts part-time office holders, whether elected or appointed, from participating in or receiving benefits from the Illinois Municipal Retirement Fund (IMRF).

Belleville to consider $1.2 million property tax hike

Belleville residents had the opportunity to sound off at a public hearing regarding a proposed 11.98 percent increase in the city’s property tax levy.

It’s Illinois’ birthday! Hey, wait … come back

Illinois’ exodus of people and money is the state’s most pressing policy problem. Until lawmakers get serious about addressing its causes, there’s little reason to think the trend will change.

Six Illinois metro areas lose jobs over the year, majority see labor force dropout

Illinois’ tepid jobs growth has come disproportionately in the Chicago area.

Illinoisans’ no good, very bad year

The biggest obstacle Illinoisans face in Springfield remains the same: an all-powerful House speaker, and members of both parties who are all too eager to kowtow.

Illinois flunks new nationwide fiscal report card

The Land of Lincoln received the lowest possible grade in budget forecasting and legacy costs.

Illinoisans see less income after taxes than residents of all neighboring states

Illinoisans saw more than 30 percent of their income go to income taxes and property taxes from March 2015 to March 2016 – a higher share than residents of every bordering state.

Illinois Fall

Grab your rake!

Piling on the tax hikes

The straw that broke the camel's back.

Illinoisans get $6B more in long-term debt, but no reforms

While borrowing to help pay down the state’s unpaid bill backlog will save money on interest payments and relieve pressure on those waiting for cash, it also perpetuates Illinois’ spending problem.

Rauner issues amendatory veto of banker bailout bill

House Bill 3004 would have put banks and bondholders ahead of taxpayers and those who rely on government services. But Gov. Bruce Rauner’s amendatory veto strips the bill of those bailout provisions.

Chicago TIFs take nearly $500M in yearly tax revenues away from other local governments

Since 2006, Chicago Public Schools has been deprived of $2.5 billion in property tax revenue that has been diverted to Chicago TIF districts.

After soda tax, Preckwinkle doles out premium perks and bonuses

After threatening thousands of job cuts, President Preckwinkle agrees to a lucrative contract with one of Cook County’s unions.