Mark Zandi and CTBA trying to pull Keynesian rabbit out of hat
Mark Zandi and CTBA trying to pull Keynesian rabbit out of hat
The Center for Tax and Budget Accountability (CTBA) wants taxes raised on hard-working Illinoisans by at least $2.4 billion annually through a progressive personal income tax, which taxes individual income at ever-higher marginal tax rates. Currently, Illinois has a flat 5 percent income tax. In a recent report, the CTBA argues for this tax hike by...
By Lawrence McQuillan
Institute on ABC 7: Skirmish over teacher pensions
Institute on ABC 7: Skirmish over teacher pensions
The Institute's John Tillman discusses whether or not teachers are actually paying their share of their pension costs.
Institute on ABC 7: Playing Favorites
Institute on ABC 7: Playing Favorites
The Institute's John Tillman appeared on ABC 7 to discuss our latest pension report, Playing Favorites.
Institute in Rockford Register Star: Report on pensions worth studying
Institute in Rockford Register Star: Report on pensions worth studying
The Institute's pension report was featured in this editorial in the Rockford Register Star.
Online affiliate tax: Struck down
Online affiliate tax: Struck down
by Peter White, Liberty Justice Center Yesterday morning I sat in the Daley Center and listened as Cook County Circuit Judge Robert Lopez Cepero struck down Illinois’ internet affiliate tax law and, in so doing, handed victory to thousands of internet entrepreneurs across the state. While the outcome of the case will rest ultimately with...
By Chris Andriesen
A Victory for Liberty: Judge strikes down Illinois online affiliate marketing tax
A Victory for Liberty: Judge strikes down Illinois online affiliate marketing tax
This morning, Cook County Circuit Judge Robert Lopez Cepero struck down the online affiliate tax (Public Act 096-1544). The law required out-of-state online retailers such as Amazon.com to collect and remit sales taxes on purchases made by Illinois residents if the online retailer maintained a physical presence in Illinois. The law was signed by Gov....
By Lawrence McQuillan
Illinoisans must work longer than others to pay their tax bills
Illinoisans must work longer than others to pay their tax bills
In 2012, Illinoisans will have to work 114 days to earn enough to pay their combined federal, state and local tax bill – seven days longer than the average of all the states. The Tax Foundation released their annual “Tax Freedom Day” report, which determines how long residents must work to pay off all tax...
Cigarette taxes can’t fix Medicaid
Cigarette taxes can’t fix Medicaid
It looks like Gov. Quinn may be pinning his hopes of finding Medicaid savings by raising cigarette taxes. This isn’t the first time Gov. Quinn has floated his $1-per-pack tax hike on cigarettes. So I was glad to see that Sen. Dale Righter and Rep. Patti Bellock, members of the Medicaid reform working group, have voiced their opposition to...
By Jonathan Ingram
2011 Illinois state senate salaries
2011 Illinois state senate salaries
What did your state senator earn in 2011?
What are you paying for at the pump?
What are you paying for at the pump?
As Illinois motorists shell out more and more for the rising cost of gas, many people want to know: what am I paying for? In Illinois, especially in Chicago and Cook County, drivers may be surprised to find out that they’re paying significantly more in taxes on gas than drivers do in other states. At...
Why the CTBA is misrepresenting Adam Smith
Why the CTBA is misrepresenting Adam Smith
To advance its political agenda of imposing a progressive income tax on hard-working Illinoisans, the CTBA is misrepresenting Adam Smith in an attempt at legitimacy.
By Lawrence McQuillan
Institute in Daily Herald: Illinois trial judges are the highest paid in the nation
Institute in Daily Herald: Illinois trial judges are the highest paid in the nation
The Daily Herald published an editorial that highlighted a recent story about Illinois trial judges being the highest in the nation.
The story featured research and commentary from the Illinois Policy Institute.
Institute in AP story: Chicago embarks on $7 billion infrastructure plan
Institute in AP story: Chicago embarks on $7 billion infrastructure plan
Illinois Policy Institute Senior Fellow Leonard Gilroy was interviewed by the Associated Press about Mayor Emmanuel's $7 billion public-private partnership plan for Chicago.
Institute in Illinois Statehouse News: Former U of I president gets golden parachute
Institute in Illinois Statehouse News: Former U of I president gets golden parachute
The Institute's senior director of government affairs, Collin Hitt, was quoted in an Illinois Statehouse News article about a former University of Illinois President receiving a golden parachute funded by the students and taxpayers.