CHANGE YOU CAN BELIEVE IN: Blue State Tax Revolt.
Across high-tax jurisdictions, productive citizens aren’t necessarily waiting for the turnaround. This week a Journal editorial chronicled the stampede of residents headed to more favorable tax climes with faster-growing economies. Among the biggest blue-state losers was Illinois, which had to say goodbye to residents generating at least $3 billion in adjusted gross income in each of the years from 2012 to 2015.
Are politicians finally getting the message? Let’s not overstate the possibilities. But Illinois is now home to some local pols who, pressed by angry residents, are contemplating a few precious baby steps toward less expensive government. The editorial board of the Chicago Tribune explains how Cook County of all places—home to Chicago and a legion of public employees—became ground zero for a recent tax revolt.
More like this, please.