25th Anniversary of First Federal Entitlement Repeal

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25th Anniversary of First Federal Entitlement RepealCommentary, Foundation, Items of Interest, Latest, TEF

by admin on December 15, 2014 with 0 comment

Saturday marked the 25th anniversary of the signing of the Medicare Catastrophic Coverage and Repeal Act of 1989, the first time a major federal entitlement was repealed.

Victory seemed unobtainable for taxpayers until senior citizens led a protest in August of 1989 against Congressman Dan Rostenkowski (D-IL), chairman of the House Ways and Means Committee, garnering media attention and energizing an anti-tax movement in Illinois and across the United States…

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Home Rule: The Most Insidious Form of Government Anywhere in the United States of America

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Home Rule: The Most Insidious Form of Government Anywhere in the United States of AmericaCommentary, Foundation, Latest, TEF

by admin on December 4, 2014 with 0 comment

“Home Rule means Home Ruin.”
– Jim Tobin, President of Taxpayer Education Foundation (TEF).

In 1970, Illinois adopted a new constitution that designated any municipality with a population greater than 25,000 as a home rule unit. In addition, municipalities can vote to adopt Home Rule, or repeal Home Rule if they already have it. “Illinois Home Rule gives unlimited taxing power to bureaucrats,” said Jim Tobin, President of Taxpayer Education Foundation (TEF).

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F-Rated Fiscal Records for Eight U.S. GovernorsCommentary, Foundation, Latest, News Releases, Taxpayer Alert, TEF

by admin on October 14, 2014 with 1 comment

The Cato Institute released its 12th biennial fiscal report card earlier this month regarding the budget records of America’s governors from January 2012–August 2014. The governors of Minnesota, Oregon, Delaware, Washington, Illinois, Massachusetts, Colorado, and California received F ratings as America’s most egregious taxing-and-spending chief executives, with the records of Quinn (IL-D), Patrick (MA-D), Hickenlooper (CO-D), and Brown (CA-D) rounding out the bottom of the list of the forty-eight…

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Government is the Cause of Income Inequality, Not the Cure – Part IICommentary, Foundation, Latest, TEF

by admin on February 5, 2014 with 0 comment

View as PDF Democrats continue to use “income inequality” as an effective wedge issue, according to Jim Tobin, noted Chicago economist and President of Taxpayer Education Foundation (TEF). “Actually, it is federal and state, and local governments that transfer wealth from average taxpayers to the wealthy, to politicians’ pet projects, and to favored labor unions …

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Government is the Cause of Income Inequality, Not the Cure – Part ICommentary, Foundation, Latest

by admin on January 21, 2014 with 0 comment

View as PDF Washington Democrats are using “income inequality” as a wedge issue, a ploy that has benefited them throughout the years, but their deceptive strategy masks the real inequality in wages and benefits, according to Jim Tobin, noted economist and President of Taxpayer Education Foundation (TEF). “While it is true that median incomes of …

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Happy Birthday to the Federal Reserve – 100 Years of War, Welfare, and PorkCommentary, Foundation, Latest, TEF

by admin on March 6, 2013 with 1 comment

View as PDF By Dennis Constant December 2013 is the 100th birthday of the Federal Reserve System (Fed). The Federal Reserve Act was conceived and described in a preliminary version in November 1910, at a secret meeting in the private resort of J. P. Morgan on Jekyll Island, off the coast of Georgia. Republican Senator …

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