Addressing Common Concerns About Switching to a Progressive Income Tax

Would a progressive income tax cause the wealthy to leave for other states? How would it impact small businesses and the economy? The Illinois Economic Policy Institute and the University of Illinois at Urbana-Champaign have jointly released a one-page fact sheet with answers to these and other common questions.

Continue reading “Addressing Common Concerns About Switching to a Progressive Income Tax”

ILEPI Testimony on Investing in Water Infrastructure

On Thursday, March 21, the Illinois House Appropriations-Capital Committee held a subject matter hearing on including agricultural, natural resources, and environmental investments in a potential capital bill. Frank Manzo IV, MPP, Policy Director of the Illinois Economic Policy Institute (ILEPI) submitted a written testimony. Here is the testimony. Continue reading “ILEPI Testimony on Investing in Water Infrastructure”

Legalizing Sports Betting Could Generate $100 Million in Tax Revenue in Illinois

new report by the Illinois Economic Policy Institute and the University of Illinois at Urbana-Champaign finds that legalizing and taxing sports betting could create 2,500 jobs and increase state tax revenue by about $100 million annually.

Continue reading “Legalizing Sports Betting Could Generate $100 Million in Tax Revenue in Illinois”

Report: $15 Minimum Wage in Illinois Would Have Largest Impacts in Communities Outside of Chicago

La Grange:  A $15 minimum wage would increase paychecks for low-income workers and have the largest impacts on communities outside of the Chicago region, according to a new study from the Illinois Economic Policy Institute and Project for Middle Class Renewal at the University of Illinois at Urbana-Champaign.

Continue reading “Report: $15 Minimum Wage in Illinois Would Have Largest Impacts in Communities Outside of Chicago”