Illinois Policy Insititute
Recent News About Illinois Policy Insititute
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Pritzker wants $500 million tax hike on small businesses
Congress provided tax benefits for business losses in the CARES Act to help offset economic challenges during the pandemic. Gov. J.B. Pritzker wants to undo that relief to raise revenue for Illinois. -
As nation celebrates small businesses, Illinois politicians take them for granted
A history of tax hikes to prop up unsustainable spending makes Illinois a frosty climate for small businesses. -
Nearly 80 percent of Alton property tax levy consumed by pensions
The share of Alton’s annual property tax levy going to pension payments has more than doubled over the past decade. -
Pritzker price tag: Candidate's spending promises require doubling state income tax
Democratic gubernatorial candidate J.B. Pritzker has promised a number of new spending programs as well as closing Illinois’ current structural deficit. To finance these promises, Pritzker has proposed a progressive income tax hike. -
Belleville residents picking up huge tab for work comp payouts
Illinois industry shoulders the burden of the highest workers’ compensation costs in the region. But what many Illinoisans paying some of the nation’s highest property taxes may not realize is that they’re picking up the tab for those costs, too.