Another report on Illinois’ economy indicates that thousands of Illinoisans found job opportunities, in other states. The Illinois Policy Institute (IPI), a public policy think tank, cites figures from the Internal Revenue Service. IPI reports, “…in 2012, Illinois lost more taxpayers and taxpayer wealth to a greater number of states than ever before.” The Institute’s analysis<https://www.illinoispolicy.org/irs-data-reveal-2012-was-illinois-worst-year-of-taxpayer-and-wealth-migration-yet/> indicates that nearly 67,000 taxpayers and their dependents left Illinois taking with them $3.7 billion in annual income.
The reports are among many revealed in recent years and months that bolster the claim that Illinois must do more to improve its business/jobs climate. Numerous reforms to ease state regulations and lower the cost of hiring were proposed by Republican lawmakers in recent years and in 2015. The year began with hope that a new governor, elected on an argument that change was needed, would usher in a revitalized Illinois economy; however, most of the proposed changes ran into partisan opposition.