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.

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Study: Marijuana Legalization Would Benefit Illinois Taxpayers and Boost Economy

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

Higher Minimum Wage Could Mean A $6,000 Raise For As Many As 1.4 Million Illinois Workers

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