New York

Progressive income tax: Money grab disguised as tax reform

By Lawrence McQuillan
10/10/2012
The problem In an interview with Huffington Post, Gov. Pat Quinn said that Illinois needs a progressive income tax.1 “That’s one of my goals before I stop breathing and I sure hope we can get that done in Illinois. Sooner rather than later,” he told the interviewer. The same forces that helped Quinn land the...

Illinois has highest cost of government in Midwest

By Lawrence McQuillan
07/26/2012
The average Illinoisan works 208 days to pay the cost of government   July 26 is Illinois’ Cost of Government Day, the date of the calendar year on which the average Illinois worker has earned enough gross income to pay off his or her share of the spending and regulatory burden imposed by government at the federal,...

Playing favorites: Education pension spending favors wealthy, suburban schools

By Collin Hitt
05/02/2012
The problem State education funding is designed to ensure a base amount of money is available to every student in Illinois. To that end, the state strives to send more money to poor districts and less money to districts with a healthy property tax base. But a bird’s eye view of Illinois education spending reveals...

Illinoisans must work longer than others to pay their tax bills

04/17/2012
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...

Chicago has second highest taxes on meals in restaurants

03/29/2012
Ever notice that going out to eat seems more expensive in Chicago than other cities? One of the reasons is that on top of the very high sales tax in Chicago, there are additional taxes on meals in restaurants: 0.25 percent Chicago restaurant tax and 1.0 percent Metropolitan Pier and Exposition Authority (MPEA) food and...

Pancakes, snow cones and robot dragons

12/21/2011
by Amanda Griffin-Johnson Earlier this week, U.S. Sen. Tom Coburn, R-Okla., released Wastebook 2011, a report covering 100 examples of wasteful government spending. The examples range from millions of dollars to just a few thousand dollars, but all highlight how government uses taxpayer money to fund unnecessary projects, often not relating at all the to core purposes...

Alcohol tax hikes are on the menu for Cook County

11/10/2011
by Kristina Rasmussen The Cook County Board of Commissioners is looking at a broad array of tax and fee hikes to make up for a budget shortfall, and significant increases for wine, beer, and liquor taxes are all on the menu. These tax hikes pose a direct threat to local bar and restaurant operators, many of...

House Republicans Say No to Federal Pension Bailout for IL

10/17/2011
by Amanda Griffin-Johnson As Illinois state legislators head back to Springfield for the veto session next week, pension reform is the hot topic on everyone’s mind. The time for reform is now, but what solutions are available to legislators? The right way: Taking the difficult, but necessary steps towards real pension reform that ensures there will be money...