Barack Obama

The President’s Misleading Tax Math

10/05/2010
by Amanda Griffin-Johnson As the debate over whether or not to extend the Bush tax cuts continues, Veronique de Rugy of the Mercatus Center adds some much needed perspective by comparing the size of the tax cuts to the amount of spending over the next decade. In The American, the journal of the American Enterprise Institute, Dr. de...

TIF District Policy Becomes Issue in Chicago Mayoral Race

10/04/2010
With the Chicago Mayoral race heating up, so too is talk about the City’s $500M annual Tax Increment Financing (TIF) revenues.  Former Chief of Staff to President Obama, Rham Emanuel recently gave a call to former Alderman and now U.S. Congressman Mike Quigley in regards to Chicago’s TIF districts. Recently, two Cook County Board President candidates,...

Gov. Quinn to Schools: Hire! Spend! Now!

09/29/2010
by Collin Hitt Last Monday, the Governor’s Office of Management and Budget sent a letter to Illinois school districts urging them to frantically spend newly available federal stimulus funds totaling more than $400 million, before the end of November. Highly unusual, however, was that the letter and the governor’s instructions were apparently written and circulated...

U.S. corporate tax rate pushes jobs overseas

09/27/2010
by Ashley Muchow Our current administration has another plan to bring jobs back the U.S.  Though the end goal is merited, the plan of action is grounded in poor economic reasoning. President Obama claimed last week that “for years, our tax code has actually given billions of dollars in tax breaks that encourage companies to...

Billions and Billions: Putting the Looming Tax Hikes in Perspective

By Chris Andriesen
09/27/2010
The Problem $3 billion, $5 billion, $10 billion—the talk surrounding impending federal and state tax hikes is downright scary these days. Governor Pat Quinn proposes a 33 percent increase in the state’s individual income tax rate, equal to raising the burden on Illinois taxpayers by a total of $2.8 billion. David Vaught, Governor Quinn’s budget...

Consumer Protection or Consumer Burden?

09/23/2010
by Amanda Griffin-Johnson If you’ve been experiencing changes to the terms of your bank accounts or credit cards, then you can thank (or blame) new financial regulations. While the new regulations have been touted as “consumer protection,” the unintended consequences of the legislation have made some consumers worse off. Theodore Frank of the Manhattan Institute...

Recession Ends – Yet A Disaster for Obama

09/22/2010
by John Tillman The worst possible news for President Obama is that the National Bureau of Economic Research said Monday that the downturn ended in June of 2009. Why a disaster for the president? Simple: As of June 2009, only $201.3 billion, or 25.6 percent of the total stimulus bill, had been awarded (not necessarily spent, as this...

Commit, Speaker Pelosi

09/16/2010
by Kristina Rasmussen A report from the nonpartisan Tax Foundation found that the sunset of the Bush tax cuts at the end of 2010 would cost the average middle-income Illinois family earning $68,958 some $1,640 in higher taxes in 2011. Check out our handy table to see how much your family could pay in higher federal and/or state...

Good and Bad Incentives

09/15/2010
by Ashley Muchow Robert Barro, in his most recent WSJ article, takes note of various logical shortcomings in the Obama administration’s economic agenda.  Rather than focus on the supply-side rationale of creating incentives that stimulate both supply and demand—thus yielding sustained economic growth—the Obama administration has ignored the breadth of supply-side manifestations in the policy measures it...

Why Obama’s Latest Spending Spree Won’t Sell

09/07/2010
by Kristina Rasmussen Not one to stop good money from going after bad, President Obama announced plans for a new stimulus spending spree, this time to the tune of $50 billion for roads, rail boondoggles, and the like. I don’t think the American people will buy into it. Over the past year, chances are you’ve driven by more than...
Load More

FAQ: How the federal scholarship program would help Illinois students

Illinois students could soon benefit from scholarship money to help them find a tutor, attend ACT or SAT prep sessions, pay tuition, get special education services or assist with other academic needs. That will happen in Illinois only if Gov. J.B. Pritzker lets the state’s schoolchildren benefit from the Federal Scholarship Tax Credit program, established...

View Report

Report Archive

Diana Graham

Process for unionizing non-state workers raises red flags

By Paul Kersey
06/19/2014

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students

By Ted Dabrowski
05/02/2016