Late last night, the legislature passed personal and corporate income tax increases. Check out what Mayor Daley has to say about it.
Governors Scott Walker from Wisconsin and Mitch Daniels of Indiana are enthusiastic while Illinois reels from the tax hysteria that hit the state this morning.
The economy is bad and the states fiscal situation is worse. Lawmakers wouldnt have raised taxes unless they needed to, right? Wrong.
On the same day the General Assembly abolished the death penalty, lawmakers also implemented the death penalty on Illinoiss economy and taxpayers by passing a 67 percent income tax hike in the face of overwhelming public opposition.
At Tuesdays funeral for fallen Chicago Firefighter Edward Stringer, mourners heard from a number of people who praised his work on behalf of the city, but it was some of the words from the fire department’s chaplain that had people talking afterward. Father Thomas Mulcrone made specific mention of the debate over the rising cost...
The projections for a 66 increase to the income tax a hike from 3 to 5 percent with the standard $2,000 per person deduction.
The latest developments from Springfield on the income tax hike proposal.
See where the Institute has been featured in the news regarding the proposed income tax hike.
Springfield businessmen say the proposed $1-per-pack tax increase on cigarettes constitutes an unfair tax on the poor.
$500. $720. $1,000. These may seem like small sums compared to your total salary, but the amount a Quinn/Cullerton/Madigan tax hike will carve into your discretionary income is painfully revealing.
A vote for the tax hike is a vote for hastening Illinoiss economic decline.
During the campaign Governor Quinn suggested that he would veto tax hike over 1%, now what?
One of the 50 Best Small and Medium Workplaces is already looking to relocate.
Reports indicate Democratic leaders have agreed on a plan to hike the state income tax by a whopping 75 percent. Or maybe even 83 percent.