Glenn Farkas
for Illinois State Senate
for Illinois State Senate
How did we get here? Map - Senate District 9
The State of Illinois used to be a leader in economic prosperity and job creation. Unfortunately, due to poor leadership in Springfield and an unfriendly business and regulatory climate, Illinois now ranks 48th in economic performance (Source: "Rich State, Poor States", ALEC-Laffer State Economic Competitive Index 2010). According to this same report, as well as other government data, Illinois ranks:
The long-term solution for Illinois is really quite simple: Lower income, sales and property tax rates; responsible and efficient spending policies; a transparent and accountable government; and a business-friendly environment which empowers entrepreneurs, investors and workers instead of an ever-increasing government bureaucracy.
- 47th in economic outlook
- 44th in GDP growth
- 37th in debt burden
- 36th in personal income per capital growth
- 48th in employment growth
- 48th in absolute domestic migration (over 637,000 people have left Illinois between 1999-2008)
- 7th highest in median property taxes paid on homes in 2009
- 11th highest in property tax burden per capita
- 6th highest in gas tax burden (approximately 39 cents per gallon)
- 1st in sales tax burden
- 8th highest combined state and average local sales tax rate at 8.22%
The long-term solution for Illinois is really quite simple: Lower income, sales and property tax rates; responsible and efficient spending policies; a transparent and accountable government; and a business-friendly environment which empowers entrepreneurs, investors and workers instead of an ever-increasing government bureaucracy.
