Illinois Issues Are All About the Economy
An economist from Illinois has analyzed the issues facing the State of Illinois and has said if you want to understand what is happening in the state, you need to look at three key economic indicators: Illinoisans leaving the state, the lack of good jobs and ever-increasing property taxes.
These economic issues have resulted in property taxes rising at 6X the rate of incomes and a four years straight loss of population.
This doesn’t even take into account factors like Illinois’ bloated government, pension debt, and officials asking for more tax money six months after doubling the income tax.
According to economist Orphe Divounguy, in order to solve Illinois’ problems, we need to focus on these three key economic issues.
Here is the original story as it appeared in the Quad-City Times:
If someone asked you how things are going here in Illinois, what would you tell them?
This week Gov. Bruce Rauner will give his answer to that question during his annual State of the State address.
But as many taxpayers here already know, times are tough. This past year was not a banner one. Illinoisans saw their state income tax jump to 4.95 percent from 3.75 percent. Many Illinois homeowners saw their property taxes go up, while their incomes remained stagnant. So it’s not surprising that 115,000 Illinoisans abandoned the state on net in 2017.
As an economist, I know that if you really want to understand what’s happening in Illinois, you need to look at three key economic indicators. And I also know how we can start to solve the state’s problems.
- Illinoisans fleeing the state
- Can Illinoisans find good jobs?
- Do property taxes best mortgages?
This story originally appeared in the Quad City Times on January 24, 2018, and was written by Orphe Divounguy.
Tonia Khouri is serious about reforming Illinois government and protecting the quality of life for families and small businesses in our communities.
Her opponent Nic Zito is collecting donations from the same Chicago Democratic Machine politicians who make millions working for tax appeals law firms and are being investigated for conflict of interest violations. Nic Zito has Democratic party roots that run deep, including his father Greg Zito, a former Democratic state representative and sales director for red-light camera company RedSpeed.
Tonia Khouri is a true conservative with experience saving DuPage County taxpayers $110M through shared services, joint procurement, and consolidation.
“I’M GOING TO SPRINGFIELD TO DEFEND OUR HOMES, REPRESENT THE PEOPLE’S INTERESTS AND STOP THE RAISING OF PROPERTY TAXES.”
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