“It is fitting that President ‘Uncle Joe’ Biden chose Amtrak’s 50th anniversary celebration to plug his proposed $2.3 trillion ‘infrastructure’ proposal,” said Jim Tobin, economist and president of Taxpayer Education Foundation (TEF). “Amtrak is the gift that keeps on taking. It’s like going to the store and paying $1,000 for a jar of honey. The product is sweet, but the cost is horrendous.”
“When it comes to the three criteria CEOs tell us they value most in site selection—tax policy (37 percent rank it first), regulatory climate (35 percent) and talent availability (25 percent)—Texas and Florida outclass all comers,” according to Chief Executive magazine. As Kathy Mussio of Atlas Insight put it, speaking of Florida, “Sunshine, low taxes, Covid openness: What talent wouldn’t want to move there? You can save enough in taxes…to make a down payment on a house in Florida.”
“The proposed Red Line Extension Project will be a colossal waste of money, plunging the CTA into more debt as its maintenance costs rise with passing time,” said Jim Tobin, economist and president of Taxpayer Education Foundation (TEF). “Furthermore, the project is not needed. The time of rail transit systems has come and gone.”
A study released on March 31, 2021 by the nonpartisan, Washington-based Tax Foundation on Pres. Biden’s so-called “Infrastructure Plan” showed that, if passed, the legislation would make the U.S. corporate rate the highest in the world.
Gov. Jay Robert “J. B.” Pritzker and his allies in the Democrat-controlled Illinois General Assembly are trying to convince voters that their constitutional amendment to the Illinois Constitution, on the November 3 statewide ballot, would create a “fair” graduated state income tax. They make the astonishing claim that taxes would be raised only on those who can afford it, and that middle- and lower-class families would not be adversely affected.
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).
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:
Chicago — Taxpayer Education Foundation (TEF) today released the results of its 13th annual Illinois state pensions report.
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”...