Illinois Public Pensions, Municipal Bankruptcy and Illinois taxes
The unfunded liabilities facing government pension plans have gained increased public scrutiny during the past year. Governing entities and taxpayers are beginning to recognize the potential...
View ArticleMunicipal alliances not always advantageous for taxpayers
According to a recent article in the Rockford Register Star, Rockford is joining with fellow industrial cities, Peoria, Aurora and Danville to form an alliance to lobby state legislators for solutions...
View ArticleMinimum wage increase will not boost Illinois economy
Raising the minimum wage will not boost the Illinois economy. Businesses must pay competitive wages regardless of the overwhelming support of 2 out of 3 Illinois voters for the non-binding minimum wage...
View ArticleGovernor, pass budget reforms before shifting funds or transferring local...
Chuck Sweeny writes in the Rockford Register Star, “With Illinois on the verge of running out of money to pay day care centers, court reporters and prison guards, Gov. Bruce Rauner said Thursday a...
View ArticleIllinois taxpayers have had “Enough!”
On Wednesday, June 29, dozens of Illinois newspapers informed the General Assembly and their readers in an op-ed on the front page that the state has had “Enough!” and demanded that the budget standoff...
View ArticleHigher taxes will again prove futile in resolving state fiscal crisis
The League of Women Voters in a recent op-ed demanded passage of the proposed increase in Illinois income taxes by over $5B annually; broadening the sales tax to include services; the LWV...
View ArticleMadigan had to pass budget to find out what’s in it
Recalling Illinois’ past record, everyone must know that Madigan and company’s new budget will not solve the state’s financial crisis. Springfield will continue to spend the additional $5 billion a...
View ArticleLook at federal taxes paid, not size of refund
As Americans file their taxes by this Monday’s April 15, 2019 deadline, they might be surprised that most received a tax cut due to the Tax Cuts and Jobs Act of 2017, despite the media’s continuous...
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