Category: Latest

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NEW PROPOSALS TO HELP LOW-INCOME TAXPAYERS

View As PDF A new book issued by the nonpartisan Washington-based Tax Foundation puts forward several tax proposals that would help low-income taxpayers with little impact on overall economic growth. The foundation’s Alex Durante...

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PRITZKER PUSHES DESTRUCTIVE TAX INCREASES WITH NO REFORMS

“Illinois Governor Jay Robert ‘J. B.’ Pritzker is pushing the Illinois General Assembly to take action by the end of this month, when the fiscal year and the legislative session ends, on numerous destructive tax increases,” said Jim Tobin, economist and president of Taxpayer Education Foundation (TEF). “It should be noted that Pritzker includes NO reforms in his proposals.”

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General Assembly Retirement System Creates Taxpayer-Funded Millionaires

“The surest way to wealth during the Covid economy is to have an Illinois state government pension,” said Matthew Schultz, executive director of the Taxpayers Education Foundation (TEF). “TEF has analyzed the six major pension funds, and the first study we are going to release is about the worst offender: GARS, (the General Assembly Retirement System).”

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THEY NEVER LEARN: SIN TAXES CREATE MORE SINNERS

A Democrat state representative in Maine has introduced a bill that would double the excise tax on cigarettes to $4.00 a pack. Due to Maine law, all other tobacco products would also be subject to a 100 percent rate increase.