Taxpayer Education Foundation Blog

Tax Freedom Day Comes Late For Illinois – The 7th Highest Tax State

The non-partisan Tax Foundation in Washington, DC, just released its annual calculations for its Tax Freedom Day (TFD), and the news is not good.

Tax Freedom Day is the day when US taxpayers have earned enough money to pay their total tax bill for the year. After that day, the money is the taxpayers’ to keep.

Illinois’ Corporate Income Tax is 9.5% – Fourth Highest in US!

The Illinois state corporate income tax is continues to be understated by reporters and politicians, according to the president of one of the nation’s largest taxpayer groups, Taxpayers United of America (TUA).

“The total Illinois corporate state income tax rate of 9.5% includes a base rate of 7% and another 2.5% on top of that, which was added by constitutional amendment in 1980,” said Jim Tobin, President of TUA.

Taxpayers Win Big in Illinois Primary

Chicago—Taxpayers voted ‘NO’ on property tax increases in Tuesday’s primary election, according to Jim Tobin, president of Taxpayers United of America (TUA).

“We soundly beat property tax increase referenda in Berwyn South SD 100, Kane County, Huntley Park District, and the Village of Bull Valley, bringing our total to 203 property tax increase victories since 1977.

Get Out and Vote!

Today is the general primary election in Illinois and we need all taxpayers to get out and vote!

There are well over 100 property tax increase referenda across the state and not a single one of them should pass! Remember that about 80% of local taxes go to salaries and benefits of government employees so it’s really not about the children; it’s about propping up the fat salaries of the bloated government.