Illinois trial bar peddles myths about workers’ compensation
Illinois trial bar peddles myths about workers’ compensation
The trial bar’s claim of profiteering is misdirection from the real issues. But if the trial bar wants more regulation of profit rates, it should begin with regulation of the profit rates of law firms that make their business on workers’ compensation cases.
By Michael Lucci
In Quad Cities, Illinois shrinks while Iowa grows
In Quad Cities, Illinois shrinks while Iowa grows
The communities in the Quad Cities are nearly identical, but Illinoisans are fleeing to Iowa’s side from the Land of Lincoln’s side, showing just how severe Illinois’ out-migration crisis is.
By Michael Lucci
84,000 Illinoisans moved to states with no income tax from 2011-2014
84,000 Illinoisans moved to states with no income tax from 2011-2014
The Land of Lincoln lost almost 84,000 residents and over $6.5 billion in taxable income to the seven states without an income tax while Illinois’ 2011 income tax hike was in effect.
By Lea Thoele
Forgotten Illinois: Newton and the reality of America’s heartland
Forgotten Illinois: Newton and the reality of America’s heartland
Like much of the rust belt, Newton, Ill. is facing difficult economic challenges. But the community continuously sticks together.
Indiana personal income has grown twice as fast as Illinois’ over recession era
Indiana personal income has grown twice as fast as Illinois’ over recession era
Hoosier homeowners keep more of their wages as a result of a statewide property tax cap and income tax cuts.
By Michael Lucci
Employers in DuPage and Cook counties reported 429 layoffs in January
Employers in DuPage and Cook counties reported 429 layoffs in January
Numbers from the January 2017 Illinois WARN report show most of the mass layoffs were in the service industry.
By Brendan Bakala
Illinois last in jobs growth, first in manufacturing losses in 2016
Illinois last in jobs growth, first in manufacturing losses in 2016
Illinois continues to have the worst jobs growth in the region, and tax hikes will only make matters worse.
By Michael Lucci
Chicago made their business illegal, now Vugo is fighting back
Chicago made their business illegal, now Vugo is fighting back
Vugo is the type of technology startup political leaders often herald as the future of Chicago. But taxi protectionism has forced it to leave town.
By Austin Berg
Federal district court dismisses Illinois gamers’ biometric information privacy case against video game maker
Federal district court dismisses Illinois gamers’ biometric information privacy case against video game maker
A federal district court in New York has determined the mere violation of the Illinois Biometric Information Privacy Act does not amount to an injury sufficient to allow video game players to sue in federal court.
By Amy Korte
Illinois lost 86,000 people on net to Wisconsin over the past decade
Illinois lost 86,000 people on net to Wisconsin over the past decade
Illinois lost almost 24 residents per day to Wisconsin from 2006 through 2015.
By Madelyn Harwood
CAT announces it will move corporate headquarters out of Peoria
CAT announces it will move corporate headquarters out of Peoria
With Peoria and downstate reeling, the Caterpillar move comes at a time of persistent disinvestment in Illinois manufacturing.
By Austin Berg
For many Illinoisans, the next recession is already here
For many Illinoisans, the next recession is already here
Illinois lost 11,000 manufacturing jobs in 2016.
By Austin Berg
How do you balance a budget when debts are exploding and your population is fleeing?
How do you balance a budget when debts are exploding and your population is fleeing?
Due to fiscal crises, both state and local governments are asking more and more from the same taxpayers – encouraging many of them to leave instead.
By Michael Lucci
Illinois extends failed corporate tax credit program
Illinois extends failed corporate tax credit program
Gov. Bruce Rauner signed an extension of the EDGE tax credit program, though the program has an unsuccessful record of using taxpayer money.