If an Illinois worker takes a pay cut during a recession, she knows the state isn’t going to take an even bigger chunk out of her paycheck. That’s because the state income tax rate stays the same. But if her home loses value, too, she could still see her property tax bill go up. Government...View Report
There is a silver lining should the Supreme Court rule against the ACA: Illinoisans would no longer be subject to an estimated $6.5 billion in IRS penalties.
The average American pays $6,000 in subsidies to corporations every year, but that gigantic chunk of taxpayer change simply is not enough for some special interests.
The U.S. Department of Health and Human Services, or HHS, is moving forward with a bailout of ObamaCare health-insurance exchange insurers for 2015 even though they have been told that their scheme is illegal. The Affordable Care Act, or ACA, includes provisions to pay insurers for their financial losses in the ObamaCare exchanges. Money is...