The truth comes out: new pension proposal includes making 2011 tax hike permanent
The truth comes out: new pension proposal includes making 2011 tax hike permanent
Illinois House Deputy Majority Leader Lou Lang, D-Skokie, wants to hike taxes to avoid meaningful pension reform. Lang’s solution is to keep income taxes up statewide as a “reform” for Illinois’ pension systems, which are underfunded by $209 billion. He introduced legislation Wednesday, Feb. 20, that would make the record 67 percent income tax hike...
By Benjamin VanMetre
AFSCME memo releases new details on potential strike
AFSCME memo releases new details on potential strike
The Herald and Review has managed to get ahold of a new bulletin from the American Federation of State, County and Municipal Employees, or AFSCME, to its members. This new message indicates that the union is getting closer to calling for a strike, and gives the union’s rationale for a walkout, revealing some very useful facts on the state...
By Paul Kersey
Money grab: Progressive income tax
Money grab: Progressive income tax
Progressive Income Tax: Money grab disguised as tax reform The same forces that helped Quinn land the governorship in 2010 and raise income taxes in 2011 are laying the groundwork for a progressive tax initiative. They want to make the temporary 2011 tax hike permanent and tax certain individuals at ever-higher marginal rates. Proponents of...
By Benjamin VanMetre
Rubio is thirsty for school choice
Rubio is thirsty for school choice
Though most of the attention Sen. Marco Rubio, R-Florida, has received since he delivered the Republican response to the president’s State of the Union speech has been about his bad timing when taking a drink of water, many of the ideas he presented should have piqued viewers’ interest. This excerpt was music to my ears: “We need...
Two of Illinois’ five pension systems lost money in 2012
Two of Illinois’ five pension systems lost money in 2012
Not a single one of the state’s five public pension systems earned more than 1 percent returns on their investments last year. In fact, two of the five funds actually lost money. Although pension trustees predicted Illinois’ five pension funds would earn more than $5.1 billion in fiscal year 2012, the funds actually earned less...
By Jonathan Ingram
Illinois has the 2nd-highest property taxes in nation
Illinois has the 2nd-highest property taxes in nation
Statistics show Illinois is a high-tax state. Ironically, advocates of tax hikes across the state often argue that Illinois is a low-tax state. The people have a right to know the truth about Illinois tax environment.
By Brian Costin
NANNY STATE: Cook County joins the war on sugar
NANNY STATE: Cook County joins the war on sugar
Officials are hot on the tracks of another menace threatening the well-being of Illinoisans: sugary drinks.
By Hilary Gowins
Gov. Quinn State of the State Address 2013
Gov. Quinn State of the State Address 2013
Gov. Quinn State of the State Address 2013
By Chris Andriesen
Contagion: Strike fever spreads across Illinois
Contagion: Strike fever spreads across Illinois
[updated Feb. 4, 2013] With the Chicago Teachers Union having waged a largely successful strike against the Chicago Public Schools, we can expect to see other public school unions, and maybe other government employee unions, following their example. Strikes allow unions to preserve costly wages and benefits, or block needed reforms, by shutting down...
By Paul Kersey
The great poverty panacea: Obama, Quinn and the minimum wage illusion
The great poverty panacea: Obama, Quinn and the minimum wage illusion
Both Gov. Pat Quinn and President Barack Obama called for an increase in the minimum wage when they made their respective State of the State and State of the Union speeches.
By John Klingner
Illinois behind on payments to funeral homes
Illinois behind on payments to funeral homes
When destitute people die in Illinois, the state often pays for their funeral and burial expenses.
Greg Glassman, Founder and CEO of CrossFit
Greg Glassman, Founder and CEO of CrossFit
Preparing for the known and unknown
Former Dixon comptroller sentenced to 19.5 years in prison for $53 million tax theft
Former Dixon comptroller sentenced to 19.5 years in prison for $53 million tax theft
Today, former Dixon Comptroller Rita Crundwell was sentenced to 235 months more than 19.5 years in prison.
By Brian Costin
Institute on ABC 20: Legislative committee stipends are a waste
Institute on ABC 20: Legislative committee stipends are a waste
Institute Senior Director of Government Affairs, Matt Paprocki, joined ABC 20 to discuss legislative committee stipends, which are a waste. State lawmakers make about $65,000 a year for a job many of you think is part time. But that?s not all you pay them. If a lawmaker is a chairman or a spokesman for a...