Formerly the Land of Lincoln, now the Land of Blue State Governance Blues, Illinois…population has declined for 10 consecutive years. …Since 2000, more than 1.5 million have fled, costing an estimated $3.6 billion in income tax revenue in 2022 alone, a year the net loss of 87,000 reside...
Associated PressJan. 19, 2025 Vance Will Make His Mark as the First Millennial Vice President and the Potential MAGA Torchbearer As he prepares to become the nation’s first millennial vice president, JD Vance is already a budding kingmaker in Republican politics and the presumptive heir ...
Athirdarea of opportunity is to stop the administrative state’s overreach. This will return more power to the people, by freeing them from unnecessary, often politically motivated rules and regulations that make it harder to start a small business, run a school or save and invest hard-earned...
"The casino sportsbooks came out ahead by more than $14.3 million collectively on the college hoops action...But the overall casino win generated almost $2.2 million in Illinois tax revenue. Sportsbooks have to send 15% of their winnings to the state." Crazy to see that of the $286 mill...
The return of fully remote registration was a significant boost to bettors and Illinois sportsbooks. Illinois nixed the in-person registration requirement in March 2022. Limitations on college sports betting could prove costly, though: Wagering on in-state college teams is limited to pregame wagers...
But for now, the state is cutting off Dolton's offset payments—funds Illinois deducts from state payments going out to people, such as income tax refunds or lottery payouts. For the Village of Dolton, that is about $135,000. Dolton is not the only municipality behind on providing an aud...
Or no, it should come down over time, but gradually just as the revenue picks up. And then how do you assess the sort of state of play of inventories at your distributors and customers? Are they kind of generally rightsized now after 2 years of being leaned out?
The so-called Bring Chicago Home tax referendum to raise money to help fight homelessness appeared headed to defeat, although the results are not official yet. And the Democratic primary race for Cook County State's Attorney was too close to call, with Eileen O'Neill Burke holding a slim le...
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In Illinois, to state a colorable fraudulent misrepresentation claim, a plaintiff must allege: (1) a false statement of material facts, (2) known or believed to be false by the person making it, (3) an intent to induce a plaintiff to act, (4) action by the plaintiff in justifiable rel...