Democratic Party

1099 Requirement Makes a Comeback?

01/31/2011
Obama's recently released budget proposal includes a retooled version of the infamous 1099 tax reporting requirement in ObamaCare.

10 Reasons to Repeal the 67 Percent Tax Hike

By Chris Andriesen
01/19/2011
Family budgets are on the line. The average Illinois household faces an increase of nearly $1,500 in its state income tax bill. A head cook and an office worker with two kids, earning a combined $80,000, will pay an additional $1,527 in state income taxes thanks to the tax hike – on top of the $2,160...

Mixed Messages: How Governor Quinn’s Tax Hikes Will Erase President Obama’s Tax Cuts

By Chris Andriesen
01/10/2011
The Problem Illinois families should be wary of plans to hike taxes at the state level that would all but wipe out the benefits of the bipartisan tax compromise between President Barack Obama and Congressional Republicans. In federal legislation that extended the Bush-era tax cuts, and also included a payroll tax cut, a four-member family...

What Governor Quinn’s Income Tax Hike Means to You

12/31/2010
by Collin Hitt Illinois lawmakers are considering raising the state income tax. Different plans have emerged, but each would damage Illinois’s economic recovery.  The plan that has been discussed the longest is one that would raise Illinois’s individual income tax from three to four percent, a 33 percent increase.  More recent tax plans have emerged that...

Why Repealing the Tax Hikes Is Important

12/31/2010
In one of my first media appearances following the tax increases, I noted that the Institute would immediately begin to work on repealing them. Some have wondered if this makes any sense ... Here are some reasons why it does.

Would New Legislature Repeal the Tax Hike?

By Brian Costin
12/31/2010
If the vote been delayed for the new legislature to be sworn in Illinois there is a good chance the income tax hike vote wouldn’t have been passed.