Tax Foundation

Quinn hikes taxes on Illinois homeowners as part of ‘property tax relief law’

05/01/2013
by Brian Costin Gov. Pat Quinn just hiked my property taxes. And, if you’re younger than 65 years old, he just hiked your property taxes too. But if you attended Quinn’s bill signing ceremony for Senate Bill 1894 you would have seen him championing himself as a fighter against Illinois’ outrageously high property tax rates, as evidenced...

Springfield City Council votes to hike sales tax

03/31/2013
After several hours of debate, the city council voted 6-3 to raise the sales tax from 8 percent to 8.5 percent to repay an $86.6 million, 15-year bond issue to finance the three-year infrastructure program.

TAGS: sales tax

Government has become increasingly dependent on top earners

By Benjamin VanMetre
03/31/2013
If there was any confusion over whether the income tax burden is progressive or regressive in the United States, a recent report by the Tax Foundation, “Putting a Face on American’s Tax Returns,” clears things up.