Thursday, July 3, 2025

Illinois In a World of Hurt With High Taxes, Anti-Business Regulations, Declining and Aging Population and Declining Public School Populations Without Closing or Merging Schools

 

Finally the vultures of high taxes in Illinois are coming home to roost
Coupled with high net outmigration hindering  chances to from the economic stagnation achieve a boost
And worse the population is growing older as increasing numbers of college students leave the state and upon graduation elect not to return
Opting to remain out of state where more jobs can be found and without soaring taxes graduates  are able to keep more of what they earn
Public  school enrollment continues to fall with 70,000 less students than a decade ago
But given the pressure of the teachers’ unions 47 schools operating at one third or less capacity schools cannot be closed or merged causing the red ink to flow
The teachers’ unions are united in their belief that illegal immigrants will the decline in students solve
Oblivious to the higher costs to educate non English speaking many illiterate students will involve
The number one reason residents of Illinois are leaving the state should not surprise
It is the high cost of taxes that make it difficult to survive which more and more residents have grown to despise
Illinois’ tax climate is tied for third worst and the U.S. Chamber of Commerce ranks the state in “dead last” in its annual Lawsuit Climate Survey
The unemployment rate in Illinois has consistently been above the national average as to no one’s surprise the state’s tax rates and perceived  anti-business environment have driven employers away
Despite the state’s fiscal problems Blue Governor Pritzker when it comes to illegals thinks the state is still the golden goose
Spending by the end of fiscal 2025  2.5 $Billion as its purse strings have become very loose

© 7/3/2025 Michael P. Ridley aka The Alaskanpoet

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