High taxes and debt have residents leaving Illinois in large numbers, and even Liberals are noticing.
Why are Illinoisans fleeing their state?
Progressives are running out of excuses and the magnitude of the problem is leading them to be tempted by honesty.
They know underfunded public pensions are causing a crisis that has residents leaving Illinois.
The politicians are stuck.
The crisis requires drastically higher taxes and those taxes drive residents out of the state.
Furthermore, the people Illinois needs for the future, young upwardly mobile professionals, are also the most geographically mobile. They have the most freedom to relocate to any area that seems promising.
They don’t have to stay and have their livelihoods siphoned off to retirees.
The Chicago Tribune editorial board writes, “Illinois exodus: When living here no longer makes financial sense.”
If the state of Illinois kept score on millennials it poached from surrounding states, it could have counted Sara Niedzwiecki — temporarily. […]
As part of a series on the accelerating exodus from Illinois, we’re tracking down expatriates […]. From millennials to retirees, their narratives follow the same thread: Illinois is losing its promise as a land of opportunity. Government debt and dysfunction contribute to a weak housing market and a stagnant jobs climate. State and local governments face enormous pension and other obligations. Taxes have risen sharply; many Illinois politicians say they must rise more.
People are fleeing. Last year’s net loss: 33,703. […]
Sara Niedzwiecki, now 30, moved to the suburbs in 2010 just as millennials began to accelerate their departure. In two waves between 2011 and 2015, millennials led age groups in out-migration to other states, according to Internal Revenue Service data compiled by the Illinois Policy Institute, a right-leaning think tank. Illinois ranked second-worst in losing millennials and their dependents, behind New York.
Niedzwiecki, an accountant fresh out of college, [..] endured a daily commute from the suburbs and tried to build a life.
It never happened. After years of watching her paycheck get sapped by rising rent and taxes, and after exploring options to buy a house and realizing she couldn’t afford that either, she moved back to Wisconsin. She got a better-paying job, left her $850-per-month basement apartment in the suburbs and bought a $148,000 two-bedroom condo in Madison with parking and a washer and dryer. Her property taxes are about $2,800 annually.
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