IRS data reveal 2012 was Illinois’ worst year of taxpayer and wealth migration yet
IRS data reveal 2012 was Illinois’ worst year of taxpayer and wealth migration yet
Newly released data from the IRS reveal that in 2012, Illinois lost more taxpayers and taxpayer wealth to a greater number of states than ever before.
By Michael Lucci
July jobs report shows government employment up, manufacturing down in Illinois
July jobs report shows government employment up, manufacturing down in Illinois
State jobs data shows Illinois had a net gain of 1,900 payroll jobs in July, driven by an increase in government employment.
By Michael Lucci
Another Illinois employer bolts for Indiana
Another Illinois employer bolts for Indiana
The Land of Lincoln continues to send well-paying jobs to the friendlier business climate next door.
By Austin Berg
Rauner signs bill aimed at cutting red tape for small businesses
Rauner signs bill aimed at cutting red tape for small businesses
The new law encourages state agencies to weed out rules and regulations that hurt Illinois' entrepreneurs.
By Heather Weiner
Walgreens to cut 270 jobs in Illinois
Walgreens to cut 270 jobs in Illinois
Walgreens’ 270-person layoffs are the latest in a series of corporate job losses in Illinois.
By Amy Korte
Income of out-migrants from Illinois jumped by $8,000 in first year of 2011 income-tax hike
Income of out-migrants from Illinois jumped by $8,000 in first year of 2011 income-tax hike
Illinois’ tax hikes and anti-growth regulatory environment drive away taxpayers and businesses
By Michael Lucci
Motorola Mobility to cut 500 jobs in Chicago
Motorola Mobility to cut 500 jobs in Chicago
Motorola Mobility’s layoffs will leave 500 Chicago workers without jobs in a state that impedes economic growth.
By Michael Lucci
Manufacturer moves out of Madigan’s backyard, cites unfriendly business climate
Manufacturer moves out of Madigan’s backyard, cites unfriendly business climate
Illinois’ middle class is crumbling under the weight of the state’s political and legal classes.
By Austin Berg
Kraft Heinz to cut 700 jobs at Illinois headquarters
Kraft Heinz to cut 700 jobs at Illinois headquarters
On Aug. 12, The Kraft Heinz Co. announced plans to lay off 700 employees at Kraft’s Northfield, Illinois, headquarters.
By Amy Korte
Illinois DCEO gives Amazon tax credits worth $10 million
Illinois DCEO gives Amazon tax credits worth $10 million
With special tax breaks for Amazon, Illinois resorts to sweetheart deals to overcome the effects of the state’s anti-growth policies, leaving smaller businesses to shoulder the full tax and regulatory burden.
By Hilary Gowins
2011 income tax hike drove wealthier Illinoisans to other states
2011 income tax hike drove wealthier Illinoisans to other states
The average income of people leaving Illinois shot up by $8,000 in the first year of the state’s 2011 income tax hike.
By Michael Lucci
Why the White House is opening up about occupational licensing
Why the White House is opening up about occupational licensing
Licensing schemes are inconsistent in numerous ways, with some states imposing strict regulations on a profession while others don't require licensing at all.
By Hilary Gowins
New IRS data show heavy drain of residents and income from Cook County
New IRS data show heavy drain of residents and income from Cook County
Cook County said goodbye to nearly 10,000 more taxpayers than it welcomed in tax year 2011.
By Austin Berg
New IRS data: Illinois lost migration battles with every Midwestern state
New IRS data: Illinois lost migration battles with every Midwestern state
A new data release from the Internal Revenue Service can only be described as a complete embarrassment for the Prairie State.
By Michael Lucci