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Archive for the ‘Cost of Living’ Category

Stop Stacking Costs on Illinois Small Businesses

Posted in Cost of Living, Daily Herald, Economy, Letters to the Editor, Overhead, Politics, Pritzker’s Rules of Order, Resident Spotlights, Springfield, Taxes on August 31, 2026| 1 Comment »

 

Daily Herald Letter to the Editor

Illinois is home to more than 1.2 million small businesses. Small businesses create jobs, serve their communities, and drive economic growth across the state. To keep that momentum going, Illinois must foster a business and legal climate where a small business can continue to succeed.

Lawsuit abuse has become a major driver of the rising cost of doing business in Illinois. As owner of my new business, American General Storage and part of my family’s 60-year-old manufacturing company, Stanley Machining & Tool, I’ve seen firsthand the many obstacles that can jeopardize a company’s growth. Success becomes harder to sustain as lawmakers continue to add new costs and legal risks onto small business owners.

Last year, Gov. Pritzker signed Senate Bill 328 into law, which now opens Illinois courts to hear cases with out-of-state plaintiffs and defendants. From policies like this one that expose Illinois businesses to more lawsuits, to higher taxes and rising costs, small-business owners are being asked to absorb one added expense after another. Even worse, recent worker’s compensation legislation  threatens to add yet another layer of litigation risk for employers. For small businesses, these costs add up very quickly.

Illinois lawmakers should give small businesses a fair chance to invest, grow, and support their communities. That starts with addressing lawsuit abuse, which is rising costs and making it harder to do business in Illinois.

Karen Trzaska, Barrington

Source

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Pritzker record: Illinois loses tens of thousands of residents during his tenure

Posted in Cost of Living, Diversity, Equity and Inclusion (DEI), Economy, Illinois Policy Institute, Look For The Union Label, Pritzker’s Rules of Order, Property Taxes, Springfield, Taxes on August 26, 2026| Leave a Comment »

Illinois’ population has shrunk under Gov. J.B. Pritzker’s leadership and is predicted to fall further.

By Adam Gorcyca | Illinois Policy Institute

While population growth is a basic measure of effective governance, tens of thousands of people have left Illinois under Gov. J.B. Pritzker.

The state’s outmigration challenge is expected to worsen, with Illinois projected to lose 600,000 residents by 2033, driven by a drop of 450,000 in Illinois’ prime-working-age population.

And from 2020 to 2025, Illinois’ population of residents under 20 fell by 6.8%, more than three times faster than the national average of 2%, according to the U.S. Census Bureau.

Net loss of 168,000

Since 2018, the state has lost a net of more than 168,000 residents, or over 1% of its population. Illinois ranks 48th in population growth rate among the 50 states.

The rest of the Midwest grew by 2.1% during the same time period.

Of the nearly 83,000 residents who left in 2024, almost all of them went to states with lower taxes. Florida alone claimed a net of over 11,000 Illinois residents that year, while a net of nearly 37,000 left for Illinois’ neighbor states.

Pritzker’s second term has seen a slight uptick in population, largely because of international migration. Without that boost, Illinois’ total would have declined in 2025.

Report continues here.

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76% of online comments oppose proposed toll hikes

Posted in Aunt Blabby, Clown Car, Cost of Living, Deception, Fat Bastard, IDOT, Illinois Policy Institute, Illinois Tollway, Look For The Union Label, Politics, Pritzker’s Rules of Order, Springfield, Taxes, Unions on August 19, 2026| Leave a Comment »

The Illinois Tollway board is slated to vote on the proposal this week.

By Ethan Soifer | Illinois Policy Institute

Online public commenters overwhelmingly oppose proposed Illinois Tollway hikes slated for a vote this week.

Out of nearly 13,750 online comments received from June 18 to Aug. 3, about 10,500 oppose the proposal, 2,250 support it, and 1,000 were neutral. The Illinois Policy Institute obtained the results via a Freedom of Information Act request.

The public comment period has closed, but you can still let the board and Gov. J.B. Pritzker know you oppose the hike here.

The tollway board will likely approve the largest passenger toll hike in Illinois history at its Aug. 19 meeting. The plan would increase fees by 57% for passengers, costing a commuter who passes through two tolls a day for 50 weeks $225 more in 2027.

Commercial vehicles would pay 30% more, which could increase the price of consumer goods transported through Northern Illinois.

Starting in 2029, automatic inflation-linked increases would be imposed every two years without additional board votes.

Report continues here.

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Editorial: Alarm bells are ringing loudly in electricity markets for Illinois’ clean-energy law

Posted in BOHICA, Chicago Tribune, Cost of Living, Ethics, OP/Ed, Politics, Springfield, Topics Of Interest, Unions on August 4, 2026| Leave a Comment »

Tall electrical towers follow a north-south pathway through Barrington Hills in 2023. | Stacey Wescott/Chicago Tribune

By The Editorial Board | Chicago Tribune

Electric bills are a sore spot with consumers and for good reason.

They would be set to go quite a bit higher in the next few years but for an artificial cap the regional power-grid manager serving Commonwealth Edison’s territory and all or parts of 12 other states has imposed on the price paid to power generators for promising to deliver when most needed. That cost, reflected in the electric bills all of us pay, is established via an auction held ahead of time by PJM Interconnection, operator of this regional grid that includes northern Illinois.

PJM (one of several U.S. regional grid overseers that reports to the Federal Energy Regulatory Commission) ran its auction just last month for the delivery year beginning June 1, 2028, and ending May 31, 2029. And the results delivered a stark — but largely unnoticed — warning for the Chicago area.

The cost of “capacity” in the period was capped at $325 per megawatt-day, about the same as ratepayers are charged now. But, based on the bids PJM got from generators and other providers, if there had been no price cap, the capacity charge just in the ComEd territory would have been more than double at nearly $777 per megawatt-day, far higher than any such price ever recorded by PJM.

In every other part of the PJM footprint, which runs east from here to the mid-Atlantic, the cost would have been higher without a cap as well. But it “only” would have been about $555 per megawatt-day.

If that price in the ComEd territory had been allowed to stand, monthly electric bills for residents of single-family homes would be increasing $35 to $77 beginning in mid-2028 for that reason alone, according to ComEd. Those in apartments would be paying $17 to $38 more.

You may be wondering why you should care if regulators and politicians have worked to keep such disastrous outcomes from occurring. The reason, as we’ll explain further below, is that price controls of this sort reduce supply and risk future shortages. In other words, which is worse? Nosebleed electricity prices or rolling blackouts when temperatures soar?

That said, why is northern Illinois such an outlier? PJM didn’t say in their auction release. But Joseph Bowring, the independent market monitor for the PJM region (he serves as sort of a referee for the market, assessing bidder behavior and other things), wasn’t so reticent. He told RTO Insider, a trade publication, that the state’s clean-energy law, the 2021 Climate & Equitable Jobs Act, is responsible.

Editorial continues here.

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Sales tax hike to hit Cook, collar counties on Aug. 1

Posted in BOHICA, Commodius Maximus, Cost of Living, Diversity, Equity and Inclusion (DEI), Fat Bastard, Immigration, Look For The Union Label, Politics, Pritzker’s Rules of Order, Taxes, The Center Square, Unions on July 25, 2026| Leave a Comment »

By Jim Talamonti | The Center Square

Consumers in six Illinois counties will be soon be paying higher sales taxes.

Transit funding legislation signed by Gov. J.B. Pritzker last December provided for the 0.25% increase to take effect on Aug. 1 in Cook, DuPage, Kane, Lake, McHenry and Will counties.

The tax hike is projected to generate $478 million a year as part of the $1.5 billion in annual transit funding provided in Senate Bill 2111.

State Rep. Steven Reick, R-Woodstock, said suburban taxpayers are bailing out the Chicago Transit Authority.

“We’re giving them a lifeline of money that we’re not getting anything in return for,” Reick said.

The Center Square asked Reick if higher taxes might drive people out of the area.

“Here in McHenry County, we’re obviously on the border with Wisconsin. I think people are going to make economic choices to drive up to Walworth, in my case, to buy gas and things like that,” Reick said.

SB 2111 also gave the Illinois Tollway Board the power to raise tolls.

Before the bill passed, state Rep. Dan Ugaste, R-Geneva, said he appreciated the desire for a state-of-the-art mass transit system.

“I don’t know how, though, we justify spending more money than we need after $2 billion of tax increases in the last few years,” Ugaste said.

Report continues here.

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Drivers have less than 2 weeks to weigh in on endless toll hikes, years of congestion

Posted in BOHICA, Clown Car, Cost of Living, IDOT, Illinois Policy Institute, Illinois Tollway, Look For The Union Label, Overhead, Politics, Pritzker’s Rules of Order, Springfield, Taxes, The Chicago Way, Traffic, Unions on July 23, 2026| Leave a Comment »

Illinois drivers have only a short window to comment on a $26.5 billion capital plan that includes the largest passenger tollway hike in state history.

By Shaw Carlson | Illinois Policy Institute

Drivers face up to 15 years of additional construction and congestion on Illinois toll roads under the system’s proposed capital plan.

They’ll also pay toll hikes continuing long after that.

The Driving Connections plan, announced in June, would spur projects on the Illinois Tollway system until 2042. The $26.5 billion plan would be funded with proposed toll hikes that Gov. J.B. Pritzker signed off on six months before the plan was released.

Former Tollway board member and state Sen. Bill Morris told the Daily Herald that “it appears they decided to raise tolls, and then they threw this together quickly for justification.”

The Tollway proposes raising tolls starting Jan. 1 by about 45 cents per toll for passenger drivers and 30% for commercial drivers. It would be the largest passenger toll hike in state history.

You can tell the Tollway Board to reject the tax hike here.

The board is hosting public meetings until July 24 and taking public comments online until noon Aug. 3. The next regular board meeting at which the hike could be approved is Aug. 19.

Lawmakers driven by road needs or union politics?

The proposed toll hike is tied to politics around last year’s mass-transit bailout. Lawmakers redirected about $1 billion a year from the Road Fund toward Chicago-area public transportation, a move opposed by construction unions objecting to losing that road money. The toll hike became the price for labor union support.

House Speaker Chris Welch said unions wanted something to point to that would “help keep working people working and keep roads getting repaired.”

Pritzker appoints the tollway board, and two of its members hold leadership positions in construction unions.

The Driving Connections plan would fund road-widening, reconstruction, bridge work and congestion relief across interstates 355, 88, 294, 80, 94, 90 and the Route 390/I-490 O’Hare-area projects.

Many of those toll roads have recently seen extended periods of construction.

I-294 remains tied up in Central Tri-State work, I-90 was modernized during the previous capital plan and Route 390/I-490 work has been going on for years.

Illinois spent $90,400 per lane-mile in 2023 on state-owned roads — about $16,700 more than the Reason Foundation’s model calculated it should have cost.

Article continues here.

Once again, you can tell the Tollway Board to reject the tax hike here.

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Falling birth rates could worsen Illinois’ declining public school enrollment


Posted in 220, 300, Cost of Living, Education, Illinois Policy Institute, Immigration, Property Taxes, School Districts, What the Ficke (Bradford)? on July 20, 2026| Leave a Comment »

Illinois public schools are teaching fewer students compared to a decade ago, yet taxpayers continue funding a system built for more students.

By Rich Witzel | Illinois Policy Institute

Falling birth rates suggest that Illinois’ declining public school enrollment will continue, a reality that should inform decisions of education policymakers.

The National Center for Education Statistics projected in early 2024 that Illinois public school enrollment would fall to 1.8 million students by 2030, but the number had already dropped to almost that low for the 2024-25 school year, according to state data.

The COVID-19 pandemic was a major factor in the decline in, but enrollment had already been falling for years. Year-over-year enrollment in Illinois increased only two times over the past 15 school years.

This is not just an Illinois problem. Nationally, public schools are serving 1.2 million fewer students in 2022-23 than before the pandemic, and enrollment is projected to fall by another 2.4 million students by 2031.

A shrinking student population

Falling birth rates factor in. Illinois recorded just under 125,000 births in 2023, a 31% decline from 2007 and one of the steepest drops in the country.

Birth data previews of future enrollment trends. Less births today mean fewer elementary and high school students in the years ahead. The drop in births is occurring among outmigration and families choosing other education options, further contributing to the state’s enrollment decline.

Report continues here.

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(Meanwhile) Income tax CUT on Missouri ballot; Illinois may see more outmigration

Posted in Cost of Living, Fat Bastard, Politics, Pritzker’s Rules of Order, Springfield, Taxes, The Center Square, Unions on July 16, 2026| Leave a Comment »

The Missouri state flag flies alongside the U.S. flag and the St. Louis city flag. | Photo: Tom Bastin / Flickr / CC BY 2.0 / Cropped from Original

By Sean Reed | The Center Square

A ballot measure in front of Missouri voters next month could give some Illinois residents in the Metro East area a reason to move across the Mississippi River if it passes.

The measure, which will be present on ballots in the state’s primary election Aug. 4, proposes an amendment to the Missouri Constitution that could phase out income tax entirely.

Andrew Wilford, director of state policy at the National Taxpayers Union Foundation, explained the ballot measure would allow the state legislature to eliminate income tax by raising other revenue sources, such as an increase to sales tax.

“They haven’t officially created the structure for that, but that would be the general idea,” Wilford said. “Currently, Missouri has a top tax rate of about 4.7%. A few years ago that was relatively low for the region, but a lot of the state’s neighbors have cut taxes pretty significantly in the intervening years.”

Bryce Hill, senior director of fiscal and economic analysis for the Illinois Policy Institute, noted there’s a larger trend, and Missouri is following other states in reducing, flattening or eliminating income taxes.

“Many states did that – started this process after the COVID-19 pandemic, when state tax revenues didn’t decline as much as anticipated and then subsequently grew very rapidly,” Hill said. “Illinois did not have that luxury. A lot of that excess revenue went to pay for previous debts.”

Article continues here.

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Poll: Taxes, economy top concerns for Illinoisans


Posted in Commodius Maximus, Cost of Living, Diversity, Equity and Inclusion (DEI), Illinois Policy Institute, Immigration, Look For The Union Label, Politics, Pritzker’s Rules of Order, Property Taxes, Taxes, Unions on June 24, 2026| Leave a Comment »

A recent survey also shows that fully half of residents would move out of the state given the opportunity.

By Todd J. Behme | Illinois Policy Institute

Pocketbook issues concern Illinoisans significantly more than other issues and account for why so many would leave if given the chance.

More than half of Illinois voters polled cited high taxes as a top issue in a list of seven issues facing Illinois, according to a survey conducted for the Illinois Policy Institute.

Next was the economy, selected by 41% of respondents. That percentage has risen sharply in the past year, from 24% at the beginning of 2025 to 35% in the first quarter of this year. The percentage citing taxes fell from 58% in the first quarter.

Voter irritation with property taxes is high. Over 61% said they were somewhat or very dissatisfied with the value their community gets for those taxes. Fewer than 24% were somewhat or very satisfied.

Illinois is tied with New Jersey for the highest effective residential property tax rate. State residents pay the highest combined state and local tax rate in the country. Per-capita state and local taxes were in the top 10 in the country in fiscal 2023.

The resulting financial stress has more residents considering an out-of-state move. Just over 51% of poll respondents would leave Illinois if they had the opportunity, the highest percentage in the past six quarters. About 39% would stay — lowest since the beginning of 2025 — and about 10% were unsure.

Report continues here.

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Editorial: Illinois spends 65 cents on pensions for every dollar it spends on classrooms

Posted in Barrington Education Association, Chicago Tribune, Cost of Living, Diversity, Equity and Inclusion (DEI), Illinois Federation of Teachers, Look For The Union Label, Overhead, Politics, Property Taxes, School Districts, Taxes, Unions on June 22, 2026| Leave a Comment »

By The Editorial Board | Chicago Tribune

Gov. JB Pritzker on Tuesday signed into law a new state budget that modestly increased state spending on K-12 education and related costs.

Yet most headlines ignored a more consequential education narrative — not one of how much is flowing to classrooms, but how much money never makes it there in the first place.

Pritzker’s budget allocates nearly $10.8 billion for K-12 education.

It also includes $7 billion for K-12 pension costs.

In 2000, the state spent about $705 million on K-12 pensions.

That’s not a typo.

Even after adjusting for inflation, Illinois’ spending on K-12 pensions has skyrocketed by roughly fivefold since the turn of the last century, ballooning to nearly 10 times the raw dollar amount spent in 2000.

For every dollar Illinois spends on education, it spends another 65 cents on pension obligations. Imagine how much more schools could do with even a sliver of that money.

These numbers help explain one major reason why costs continue to climb even as Illinois’ student population goes down. New data show Illinois lost more than 100,000 public school students in just the five years since 2019, more than twice the rate of decline for the Midwest as a whole. The state educates roughly 206,000 fewer public school students today than it did in 2000.

Yet total education spending continues to grow, though not necessarily in the best way for current and future students.

Editorial continues here.

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