Government Employee Pensions/Pay

By Ted Dabrowski and John Klingner: Chicago Mayor Lori Lightfoot has presented her plan to cover an $838 million budget shortfall for fiscal year 2020. Like her predecessors, she’s chosen to focus on plugging…

By Ted Dabrowski and John Klingner: Illinois politicians, from Gov. J.B. Pritzker to Mayor Lori Lightfoot, are counting on residents to stick around and pay the higher taxes both have planned.

By Adam Schuster: Illinois’ overabundance of local government layers provides ample room to consolidate and save property taxes.

By Cole Lauterbach: Six in ten Illinoisans have thought about becoming ex-Illinoisans in the last year, according to a September poll conducted for the University of Illinois at Springfield. “In 2018, a bit over…

By Mish: Illinois is second to Alaska in net outbound migration. Many move out, but few move in.

By Jim Moran: Illinois is the “least tax-friendly” state in the nation, according to a new report from business and economic forecasting publisher Kiplinger.

By Mark Glennon: Few things are as easy to debunk than the claim that the Fair Tax would materially reduce property taxes. The numbers are simple. The Fair Tax simply wouldn’t raise enough to…

Here’s the comment on this article from the Wirepoints email newsletter: “Another study confirms Illinois is over twice the national median rate.”

By Cole Lauterbach: Illinoisans are on the hook for nearly $250 billion in unfunded public pension liabilities, or more than $18,000 per resident, according to a credit rating agency.

By Ted Dabrowski and John Klingner: Moody’s Investors Service has updated its state-by-state pension liability report and if there’s one key takeaway, it’s that Illinois is the nation’s extreme outlier when it comes to…