A new report by the Illinois Economic Policy Institute (ILEPI) investigates ten examples of how unions can– and do– increase economic efficiency: Union workers earn higher wages and increase consumer demand; Unions reduce socially inefficient levels of income inequality; Union … Continue reading Ten Examples of How Unions Can Increase Efficiency
Frank Manzo IV is the Policy Director of the Illinois Economic Policy Institute (ILEPI). Visit ILEPI at www.illinoisepi.org or follow ILEPI on Twitter @illinoisEPI. A July 8, 2014 Economic Commentary by the Illinois Economic Policy Institute investigates the effective tax rates paid by Illinois workers across occupations. The study– Illinois Federal Income Taxes: By Occupation, 2011-2013 [PDF]– finds five key takeaways: The majority of workers in Illinois (60 percent) pay federal income taxes; The average effective federal income tax rate for all Illinois workers is 13 percent (but 21 percent for only those workers with any federal income tax liability); The average effective … Continue reading Federal Income Taxes for Illinois Workers
