Why some ex-Illinois lawmakers convicted or accused of crimes get to keep their pensions
Illinois has paid out millions in pension payments to former legislators who have admitted criminal wrongdoing or are awaiting trial.
Source: suntimes.com
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Illinois must move forward on digging out of its pension problem
A new report from a civic group offers a plan that includes a 10-year income tax surcharge to shore up underfunded pensions. State legislators should take action.
Source: suntimes.com
Curran resolution: Illinois' income tax should remain flat
(The Center Square) – Republican state Sen. John Curran is looking to codify the decision of Illinois voters when it comes to a progressive income tax in Illinois. “The people have spoken, and they could not have been m...
Source: cities929.com
High-tax Illinois loses people, low-tax states gain in 2022
Low-tax states attract the majority of movers, while high-tax states push them away. Illinois takes nearly 13% of all money made in the state as taxes, and lost 141,656 residents in 2022.
Source: madisonrecord.com
As Illinois plans 2024 budget, pension debt looms
(The Center Square) – The state of Illinois will be working on its 2024 budget in the coming weeks, and some are suggesting significant changes to address the state's unfunded pension liability. The state has until the ...
Source: cities929.com