Illinois home price growth slowest in nation last year

By Bryce Hill

02/03/2020

Home price appreciation in Illinois was the slowest in the U.S. between the third quarter of 2018 and the third quarter of 2019, federal data showed.

TAGS: Chicago, Chicagoland, Cook County, government spending, Great Recession, home values, homeownership, household income, housing, housing market, ILGA: Illinois General Assembly, Illinois, income tax, Indiana, investment, JB Pritzker, Lake County, mortgage, recession, spending, Springfield, tax hikes, tax increase

Jackson County residents see state spending grow far faster than local incomes

By Austin Berg

02/03/2018

Growth in state spending per capita outpaced per capita personal income growth by nearly 40 percent in Jackson County.

TAGS: household income, Jackson County, property taxes, spending

Income report shows Illinois staggering along with nation’s worst income growth

By Michael Lucci

07/10/2017

Illinois’ 32 percent income tax hike will steal nearly an entire year’s worth of income growth from Illinoisans.

TAGS: household income, Moody's Investor Service, personal income

Illinois has the worst personal income growth in the U.S.

By Michael Lucci

06/07/2017

Lawmakers’ proposed new and higher taxes would only make things harder for struggling Illinoisans.

TAGS: household income, personal income

What if Illinois grew like Indiana?

By Michael Lucci

05/06/2017

Despite Illinois’ built-in economic advantages, personal income in Indiana is growing much faster than personal income in Illinois.

TAGS: household income, Indiana, jobs, outmigration, personal income, population

Illinois is losing its core income tax base

By Madelyn Harwood

04/21/2017

High-income earners provide the majority of Illinois’ income tax revenue, and IRS data show that Illinois is losing these taxpayers to out-migration.

TAGS: graduated income tax, household income, income tax, IRS: Internal Revenue Service, outmigration, personal income, population, progressive income tax, taxes, U.S. Census Bureau

What Illinoisans should know about their taxes

By Austin Berg

04/20/2017

The average income of taxpayers who leave Illinois is $20,000 more than the taxpayers who arrive here.

TAGS: household income, income tax, IRS: Internal Revenue Service, outmigration, property taxes

Indiana personal income has grown twice as fast as Illinois’ over recession era

By Michael Lucci

02/13/2017

Hoosier homeowners keep more of their wages as a result of a statewide property tax cap and income tax cuts.

TAGS: household income, personal income, property taxes, taxes

State’s record-breaking budgets make Illinoisans poorer

By Ted Dabrowski

12/25/2016

For each percentage point drop in the private sector’s share of the state economy, Illinois household incomes fall by over $3,000 on average. Unfortunately for Illinoisans, the private sector’s share of the Illinois economy has dwindled as government’s share – enabled through tax-funded spending – has risen to 25 percent.

TAGS: budget, household income, income tax, taxes

Madigan continues to mislead about what’s hurting middle-class wage growth in Illinois

By Michael Lucci

08/08/2016

Illinois House Speaker Mike Madigan criticizes Gov. Bruce Rauner’s economic reform ideas and offers only growth-killing tax hikes for Illinoisans in need of better jobs and income.

TAGS: household income, jobs, Mike Madigan, personal income

Unlocking Opportunity: How Occupational Licensing Reform Would Promote Equitable Empowerment in Illinois

Illinois finds itself at a crossroads: will it empower minorities and poor people to unleash their potential, or will it perpetuate an inequitable status quo? For far too many Illinoisans, opportunity is unfairly and unnecessarily out of reach. Illinois ranks in the bottom ten among all states in social mobility and last among Midwest states...

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Unlocking Opportunity: How Occupational Licensing Reform Would Promote Equitable Empowerment in Illinois

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Rob McMillan

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students