Taxpayer Education Foundation Blog
STATE PENSIONS FATTEN WALLETS OF RETIRED ILLINOIS POLITICIANS
Retired Illinois politicians have become pension millionaires and are getting richer by the day, while Illinois taxpayers lose their jobs, get behind on their mortgages and have trouble paying their bills, according to the most recent study of state pensions by the Taxpayer Education Foundation (TEF).
DOCTOR: CALL OFF CORONAVIRUS MEASURES DESTROYING U.S. AND WORLD ECONOMIES
In a video generating thousands of views, Noel lays out his case that Wuhan Flu is overhyped and cannot be stopped until we get herd immunity, and that destroying the economy is a terrible trade for tackling this disease.
MASSIVE CORONAVIRUS STIMULUS PACKAGE A HIDDEN TAX INCREASE
View As PDF The gigantic Coronavirus Aid, Relief, and Economic Security Act (CARES) may or may not help the struggling U.S. economy, but it is a long-term hidden tax increase in the form of...
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.
ILLINOIS SALES TAX RATES AMONG THE HIGHEST IN THE COUNTRY!
The Washington-based nonpartisan Tax Foundation just released its analysis of state and local sales tax rates, with #1 being worst, and Illinois was a dismal #6.
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:
13th Annual Illinois Pension Report
Chicago — Taxpayer Education Foundation (TEF) today released the results of its 13th annual Illinois state pensions report.
BOTTOM LINE: CHICAGO NEEDS A DIFFERENT AND CHEAPER TRANSIT SYSTEM
View as PDF Cato Institute Senior Fellow Randal O’Toole concludes his presentation of his study on Chicago transit, with his recommendations for replacing the system at lower cost. Chicago is well-known for its “L”...