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Articles filed under Paprocki, Matt

Proposed constitutional amendment would continue Illinois' destructive legacy

By Matt Paprocki
Oct 2, 2022 1:00 AM - So many times when we talk to business owners at the Illinois Policy Institute, we find they started their businesses for the same reason: to leave a legacy for future generations of their families. Speaking from a dad's perspective, I completely understand this motivation. We all want our children and future generations to have it better than we had it. We want to leave them a legacy they can be proud of.
Crystal ball shows poor outlook for American businesses under President Pritzker

By Matt Paprocki
Sep 4, 2022 1:00 AM - Gov. J.B. Pritzker's first term as governor and his actions towards business owners and economic growth in Illinois offer the best indicators of how his policies might look at the national level. Looking into that crystal ball to see the future, the outlook for the nation and its business sector isn't good.
Caterpillar's problems not limited to big businesses in Illinois

Aug 7, 2022 1:00 AM - Big companies that don't have roots as deep as the corner baker can be assigned a variety of motives for being lured by other states -- even when they clearly warned a decade earlier what changes they needed. But when small business owners decide their kids need to change schools and Illinois is no longer worth the business struggles, somebody better listen.
Matt Paprocki: Amendment 1 spells trouble for Illinois business owners

By Matt Paprocki
Jul 10, 2022 1:00 AM - Amendment 1, referred to as the "Workers' Rights Amendment," is a proposed change to the Illinois Constitution up for passage via referendum on Election Day, Nov. 8. The amendment would place a financial burden on Illinois business owners and change the operational landscape for many by giving government unions more power than any other state has granted.
Understanding the business tax hikes of the past four years

By Matt Paprocki
Jun 12, 2022 1:00 AM - Illinois was the only state in the Midwest to decline in the Tax Foundation's State Business Tax Climate Index. From 2017 to 2022, Illinois' tax policy became less friendly for businesses, dropping to 36th from 26th place.
What businesses need to know about Illinois' new budget: The good, the bad and the ugly

By Matt Paprocki
May 15, 2022 1:00 AM - Taxes are a huge cost of doing business, but Illinois makes them worse with its lack of certainty. The new state budget is filled with examples that generate the same sinking feeling that first paycheck did.
Illinois businesses still struggling two years into COVID-19

By Matt Paprocki
Apr 17, 2022 1:00 AM - Two years since the pandemic hit Illinois and COVID-19 protocols were announced, Illinois' labor market has still not recovered. Karafotias' story is all too common. The state must focus on leveling the power dynamics and helping struggling businesses return to their full potential.
Businesses win by supporting tax credit scholarships

By Matt Paprocki
Mar 20, 2022 1:00 AM - That's the problem without school choice -- or the ability to select the school your child attends -- options are only available for those with means. And if your local school cannot address your child's specific needs, you are out of luck. Fortunately, like most local problems, the solution involves businesses.
State must prioritize refilling unemployment fund or saddle businesses with tax hikes

By Matt Paprocki
Feb 20, 2022 1:00 AM - Gov. J.B. Pritzker's budget address claimed fiscal responsibility and touted $1 billion in tax relief for Illinoisans. It sounded great, but here is the issue: Illinois' financial situation was temporarily improved because of a federal bailout, not because of improved fiscal leadership.

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