Illinois’ comeback story starts here.

An Illinois wealth tax would be a legal disaster

An Illinois wealth tax would be a legal disaster

Illinois’ latest tax scheme, a 4.95% “wealth tax” on unrealized gains for billionaires, risks violating the state constitution, likely resulting in a long and costly legal battle.

By Ravi Mishra

Harvey needs a way out of its crippling pension debt

Harvey needs a way out of its crippling pension debt

Harvey became the second city in 35 years to ask the state to step in under Illinois’ Financially Distressed City Law. It won’t address the main issue: growing pension liabilities.

By Joe Tabor