Illinois’ state policy choices boost threat from potential U.S. recession – Illinois Policy

Rather than one-time handouts to households, structural reforms that increase the incentive to work and to innovate would expand potential output. Lawmakers could start by addressing the $1.8 billion dollar unemployment trust fund deficit that will result in higher taxes for producers. Illinois could work to reduce the cost of doing business in Illinois, which is No. 3 in the U.S. for the most regulatory restrictions.  The state’s high business taxes also reduce innovation.

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Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale

Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.

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