On Wednesday, February 6, the Illinois House Labor & Commerce Committee held a hearing on gradually raising the minimum wage to $15 in Illinois. Frank Manzo IV, MPP, Policy Director of the Illinois Economic Policy Institute (ILEPI) provided a brief testimony. Here is what he said.
A 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”
The Illinois Economic Policy Institute and the University of Illinois at Urbana-Champaign have jointly released a one-page fact sheet on raising the minimum wage to $15 per hour in Illinois.
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.
La Grange: A program to legalize sports betting could create 2,500 jobs, increase tax revenue by $100 million annually, grow the Illinois economy by over $500 million, and reduce illicit black market gambling, according to a new study by the … Continue reading New Report Assesses Proposals to Legalize Sports Betting in Illinois
Elected officials in Illinois should follow voters in dismissing the Centennial Institute’s claims. Here’s why.
Continue reading “Reject the Centennial Institute’s Claims on the Costs of Legalized Marijuana”
The Fall 2018 Edition of ILEPI’s newsletter, Illinois Insights, has been released. Continue reading “Illinois Insights Fall 2018 Newsletter”
A new report finds that the State of Illinois could generate over $500 million in new tax revenues from legalizing recreational marijuana. Continue reading “Illinois Would Generate Over $500 Million Per Year By Legalizing Marijuana”
La Grange: In the wake of Michigan becoming the tenth U.S. state to legalize marijuana on Tuesday, new research finds that the taxation and regulation of marijuana in Illinois could create nearly 24,000 new jobs, boost the state’s economy by $1 … Continue reading Study: Marijuana Legalization Would Benefit Illinois Taxpayers and Boost Economy
Between one-third and one-half of the rise in income inequality in America is due to the declining real value of the minimum wage. Continue reading “Boost Worker Incomes by Raising Illinois’ Minimum Wage”
La Grange: An increase to Illinois’ state minimum wage would grow the state’s economy and boost the paychecks of as many as 1.4 million workers by up to $6,000, according to new research from the Illinois Economic Policy Institute (ILEPI) … Continue reading Higher Minimum Wage Could Mean A $6,000 Raise For As Many As 1.4 Million Illinois Workers
Illinois has not experienced the same attacks on worker rights and collective bargaining as many neighboring states. While some of Illinois’ elected officials have attempted to enact so-called “right-to-work” zones in Illinois and have eliminated project labor agreements (PLAs) on state … Continue reading Unions Boost Wages by 11% in Illinois
