Puerto Rico’s ‘bankruptcy’ a warning to Illinois
Puerto Rico’s ‘bankruptcy’ a warning to Illinois
Illinois needs to enact structural spending reforms to avoid following Puerto Rico down the path to insolvency.
High-ranking official in secretary of state’s office under investigation
High-ranking official in secretary of state’s office under investigation
The details of an investigation into Candace Wanzo, an official in the Illinois secretary of state’s office, are not yet known, but she pleaded guilty to embezzlement before working for the secretary of state’s office.
Illinois gave Glassdoor more than $6M in tax breaks in 2016
Illinois gave Glassdoor more than $6M in tax breaks in 2016
Glassdoor agreed to three sets of hiring dates in 2016, 2017 and 2018 in which the job-finding website would hire 240 new employees.
While politicians posture, Illinois industry is getting crushed
While politicians posture, Illinois industry is getting crushed
The average cost of workers’ comp for steel workers among neighboring states is under $8 per $100 of payroll compared to nearly $12 in Illinois.
Illinois businesses announce more than 1,200 mass layoffs in April
Illinois businesses announce more than 1,200 mass layoffs in April
Cook and Lake counties had the greatest number of mass layoffs in April 2017, with most of the jobs lost coming from the service and hospitality sectors.
Expanding aldermanic power spells disaster for Chicago businesses
Expanding aldermanic power spells disaster for Chicago businesses
Since Mayor Rahm Emanuel took office in 2011, aldermen have been on the defensive regarding their power. The latest attempt to retain some of that power is taking place along a stretch of 71st Street in the 5th Ward.
Illinois homeowners underwater
Illinois homeowners underwater
How Illinois can prepare for the Trump tax reforms
How Illinois can prepare for the Trump tax reforms
Local lawmakers should consider Trump’s plan and position the state to thrive under federal changes.
Illinois Senate bill intended to kill local worker freedom laws in Illinois
Illinois Senate bill intended to kill local worker freedom laws in Illinois
The Illinois Senate has passed a bill to overturn municipal Right-to-Work ordinances and prevent Illinois localities from expanding worker freedom in their communities.
5 consequences of Illinois’ bad budget deals
5 consequences of Illinois’ bad budget deals
Another Band-Aid budget deal won’t fix the financial problems that plague Illinois or stop the state’s credit rating from falling to junk.
Southern Illinois’ wide range of property taxes
Southern Illinois’ wide range of property taxes
Jackson County has the highest median property taxes among the southernmost counties in Illinois, and falls in the state’s top 50 counties for highest property taxes. Meanwhile, Hardin County residents pay the lowest median property taxes in the state.
Kentucky to get nearly $3B in new business investments since passing economic reforms
Kentucky to get nearly $3B in new business investments since passing economic reforms
Companies have announced billions in new business investment in Kentucky a few months after the state passed key economic reforms. Illinois lawmakers should take note.
Capital One received more than $20 million in tax breaks from Illinois in 2015
Capital One received more than $20 million in tax breaks from Illinois in 2015
The state agreed to the tax credits in exchange for Capital One hiring 210 new employees and retaining 900.
EDGE tax credit program expires, but extension passes Illinois House
EDGE tax credit program expires, but extension passes Illinois House
Illinois’ EDGE tax credit program expired April 30; however, proponents of EDGE have passed a one-month extension in the Illinois House of Representatives.