ITEF Comment Vol. XIV Issue 6
CHICAGO PENSION TALKS A STEP IN RIGHT DIRECTION CHICAGO-The pension reform committee of Chicago has at last taken a bold step in solving their ballooning pension liabilities. They are talking about shifting newly hired city employees from the current pension system to a defined-contribution 401(k) retirement plan. This is a step in the right direction [...]
ITEF Comment Vol. XIV Issue 5
Total State Revenues Continue To Outpace Inflation CHICAGO- For the sixth year in a row, since ITEF began tracking state revenue, total Illinois state revenue is significantly up from the previous year, according to data from the Illinois Comptroller’s website. Total tax revenue for the first 11 months of FY 2008 has increased $2.9 billion [...]
An Old News Release That Rings True Today
TAXPAYERS URGE LAWMAKRES TO CUT STATE GAS TAX BY 10¢ PER GALLON CHICAGO—The president of Illinois’ largest taxpayer group today sent a letter to every member of the Illinois General Assembly urging a 10¢ per-gallon cut in the state gasoline tax.
Illinois’ Largest Taxpayer Group, NTUI, Opposes 33% State Income Tax Hike
CHICAGO—The president of Illinois’ largest taxpayer organization today denounced the tax-hike recommendations of pro-tax business groups that were sent in a letter to Governor Rod Blagojevich (D). The groups, which included the Civic Committee of the Commercial Club of Chicago, Chicagoland Chamber of Commerce, Illinois Business Roundtable, Civic Federation and the Taxpayers’ Federation of Illinois, [...]
