Matt Paprocki, of the Illinois Policy Institute: "In 2021 Illinois received more new business applications than any other Midwestern state, but only 6.7% of those applications were expected to result in business formation within one year of applying...There are too many compounding costs specific to the state that present challenges. Illinois has the third-most cumbersome regulatory code in the United States with 278,475 individual restrictions and requirements."
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Illinois’ Hostile Biz Climate Drives Away Businesses, Jobs