Illinois politicians should resist the urge to resuscitate failed EDGE tax credit program
Illinois politicians should resist the urge to resuscitate failed EDGE tax credit program
Illinois’ $1.3 billion in EDGE tax credits has brought in only 34,000 jobs since 2001, and has enabled politicians to hand out tax relief to select companies rather than lowering anti-growth taxes for all businesses.
By Hilary Gowins
Caterpillar considers moving 800 production jobs out of Aurora
Caterpillar considers moving 800 production jobs out of Aurora
Peoria-based heavy-equipment manufacturer Caterpillar has announced a possible move of up to 800 manufacturing jobs out of Aurora.
By Brendan Bakala
Why a budget won’t fix Illinois
Why a budget won’t fix Illinois
Pension costs alone now consume a quarter of the Illinois state budget.
By Austin Berg
Illinois lost 150,000 university students from 2000-2014
Illinois lost 150,000 university students from 2000-2014
Misplaced priorities in education funding have driven students out of the state and skyrocketed tuition costs.
By Madelyn Harwood
20 local governments raise sales tax in Illinois
20 local governments raise sales tax in Illinois
2017 brings a slew of new sales tax hikes for 20 municipalities in Illinois.
By Brendan Bakala
Moving out: Illinois has country’s worst outbound rate in 2016
Moving out: Illinois has country’s worst outbound rate in 2016
Data from moving companies reflect continued mass exodus from Illinois.
By Michael Lucci
2016: Chicago’s year of the tax hike
2016: Chicago’s year of the tax hike
To address the city’s worsening financial crises, Chicago politicians turned up the dial on their usual answer to budgetary woes: raising taxes.
Our regrettable shrinking state
Our regrettable shrinking state
The U.S. Census Bureau released new migration data Dec. 20, and it’s frightening. Illinois has a massive people problem. From July 2015 to July 2016, the state’s population declined by more than 37,000 people. That’s the worst population loss in the nation, and will likely mean the loss of a seat in the U.S. House...
By Austin Berg
New Illinois laws going into effect in 2017
New Illinois laws going into effect in 2017
2017 will usher in more transparency and opportunity in areas from criminal justice to government employee expenses to pensions.
By Brendan Bakala
2016 Corruption Watch: Chicago, East St. Louis take top corruption spots
2016 Corruption Watch: Chicago, East St. Louis take top corruption spots
This year was full of corruption and mismanagement from public officials, but four instances in particular stand out.
Uber, food trucks and Airbnb: Chicago’s 3 biggest over-regulation stories from 2016
Uber, food trucks and Airbnb: Chicago’s 3 biggest over-regulation stories from 2016
It’s no secret Chicago aldermen aren’t friendly to outsider businesses and innovative industries. Here’s a look at some of the most egregious examples from 2016.
By Chris Lentino