Day: May 17, 2022

Illinois ranks among the five worst states to live in when it comes to your money – Forbes

“Like Connecticut, Illinois also has an effective property tax rate of 2.11%. And like New Jersey, Illinois’s funded ratio of public pensions is less than 40%, with just 39% of the value of assets in its pension funded covering the value of its promised lifetime income benefits. Though home prices are cheaper on average compared to other states, its year-over-year home value appreciation is among the lowest rates in the 50 states analyzed in the state.”

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Pritzker announces response to baby formula shortage – WAND (Decatur)

The state is encouraging retailers to set aside formula for low-income Illinois families who are enrolled in the Special Supplemental Nutrition Program for Women, Infants and Children (WIC). “We have a special obligation to WIC families. About one-half of babies born in Illinois participate in WIC in the first year of their lives” said IDHS Secretary Grace B. Hou.

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Crime and chaos downtown and beyond are keeping tourists away from Chicago, and experts say something has to change – CBS2 (Chicago)

“Our main headwind right now is public safety,” said Michael Jacobson, president of the Illinois Hotel and Lodging Association. “Unfortunately, we have seen both individual leisure travelers begin to cancel their hotel rooms for the next several weeks and months because of what they’ve been hearing on the news and seeing happen downtown. More concerning is we’ve even seen conferences pull out of Chicago all together for other cities in the Midwest.”

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Wirepoints: Illinois property tax bills have grown 268% since 1990 – Center Square

Wirepoints president Ted Dabrowski said Gov. J.B. Pritzker promised to address property taxes when he was elected, but it hasn’t happened. “The state’s punishing tax numbers and Illinois’ outlier position nationally make an overwhelming case for reforming the cost drivers of Illinois’ property tax crisis, from pensions to public sector collective bargaining laws to education spending.”

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Pritzker signs ‘Too Young to Test’ bill into law – Center Square

Under the legislation, the Illinois State Board of Education is prohibited from requiring a school district to administer a standardized assessment for students through second grade, unless for diagnostic purposes. The proposal came in response to consideration from ISBE to begin testing younger grades in math and reading.

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Union power grab could make bad Illinois business climate worse – Illinois Policy

Illinois’ business climate already ranks 36th in the U.S., but that is 10 spots lower than it was a decade ago while neighboring states are all on the upswing of the Tax Foundation’s State Business Tax Climate Index. On the heels of state lawmakers failing to stop automatic employer tax hikes because they didn’t repay a federal loan and adequately refill the state’s unemployment trust fund, employers are getting the message they are unwelcome in Illinois.

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Early curfews are back – Axios

“This administration is completely out of ideas,” Ald. Brian Hopkins said on television, while Paul Vallas posted to social media, “What we are witnessing is the systematic destruction of Chicago’s economic heart as the mayor and her CPD leadership team have no strategy for addressing escalating crime and lawlessness.”

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Column: The Multifaceted Race To Oust CTU Leadership Regime After 12 Years – Patch Chicago

Mark Konkol: “Friday’s election is bigger than whether CTU leaders should fight for social justice. Teachers have to decide if they’re going to reelect a CTU regime that drained the union’s cash reserves, wasted half-a-million dollars on a failed mayoral candidate, lobbied Madigan the Chicago Way, fired a guy for talking out of turn, hired an insider’s mom, leveraged positions to pad their paychecks and led an illegal strike that picked $33 million from rank-and-file pockets.”

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Editorial: New crime law requires changes not in public interest – Champaign News-Gazette

“But the mandated furloughs indicate what this legislation is all about…Home confinement was originally implemented for at least two reasons — to relieve jail crowding and to allow jail inmates perceived to be less of a threat than some others to be held in a setting less severe than jail but still be confined. Now to turn them loose on the grounds that they have errands to run or appointments to keep makes no sense. Home confinement is supposed to be inconvenient because engaging in criminal behavior is a threat to one’s personal liberty.”

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Editorial: Attacking the twin demons of violence in downtown Chicago – Chicago Tribune*

“Perception that the city is careening out of control is why it’s becoming clear that the post-COVID-19 recovery in Chicago is lagging that of other major U.S. visitor and business destinations, as the heads of two major hotel chains noted…To put the issue bluntly, Lightfoot’s problem now is making downtown actually safe while also simultaneously soothing stakeholders and fighting the business-killing perception that it is unsafe.”

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