Taxpayer Education Foundation Blog

TEF

ILLINOIS ECONOMIC CATASTROPHE DEMANDS TAX CUTS, NOT TAX INCREASES

The coronavirus damage to Illinois’ already-critically-ill economy could push Illinois state pension debt to over $300 billion, according to a recent study published in Wirepoints. The study’s authors based their calculations on figures from Moody’s Investors Service.

PROPERTY TAXES IN ILLINOIS HURT THE STATE’S BUSINESS TAX CLIMATE

A recent report from the Washington-based, nonpartisan Tax Foundation reveals that Illinois property taxes not only have an adverse effect on the state’s business tax climate, but that Illinois is one of the worst states in the country using the foundation’s index.

Springfield IL Taxpayers Crushed by Gov. Pension Debt

Springfield, IL – Taxpayer Education Foundation (TEF) today released its updated study on Springfield municipal pensions, Sangamon County government pensions, including the top 200 pensions in the Teachers Retirement System (TRS), Illinois Municipal Retirement Fund (IMRF), and the State University Retirement System (SURS). Taxpayers United of America (TUA) issued the following statement based on the TEF pension study: