Without property and income tax relief, housing in Illinois will continue to be less attractive, Illinois’ population is likely to continue its decline and housing price appreciation can be expected to continue to lag the rest of the nation.
Amid two record-breaking income tax hikes, growing property tax bills and population decline, the Land of Lincoln’s income growth is trailing the rest of the nation.
Illinois issued more than $60 million in EDGE tax credits to Takeda Pharmaceuticals from 2003 to 2013, more than any other company received over that time.
MillerCoors opened its Chicago headquarters in 2010. Eight years and nearly $6 million in subsidies later, the beer giant has been hammered by a heavy round of layoffs.
Following $3.7 million in EDGE tax credits Illinois awarded the company last year, Flex-N-Gate is set to receive a $1.2 million tax break to boost its Danville workforce.
Using his amendatory veto authority, the governor blocked a proposal by the General Assembly that would have protected traditional rental car companies by stifling car-sharing startups.
Despite years of taxpayer subsidies, rail car manufacturer Nippon Sharyo has closed its Rochelle plant – pointing to a reality some politicians don’t want to face.
“My folks all came from small towns, Livingston and Benld. I was born in Belleville, raised in Collinsville. “Some people can pack up and leave as soon as they graduate from high school or college and never look back. Me and my wife were never like that. “This is our life. Our whole life, we’ve...
The Industrial Hemp Act will plant the seeds for the growth of commercial hemp production across Illinois.
A recent survey found Illinois to be the least accommodating state in the nation for small businesses.
Illinois experienced its sixth consecutive month of jobs growth in July, yet continues to trail the pace of growth in the rest of the nation for 2018.
A new law will ensure Illinoisans don’t lose their right to practice their professions if they fall behind on student loan payments.
State lawmakers should seize the momentum in Illinois. Let your people brew. And transport. And sell.
City bureaucracy – not consumer complaints – has left thousands of Chicago hosts barred from the Airbnb platform.