New 67% State Income Tax Hike to Fund McHenry County Retired Government Employee Pension Millionaires

CRYSTAL LAKE–A new report by pension researcher Bill Zettler reveals that many McHenry County retired government employees receive lavish, gold-plated pensions that far exceed average annual wages of workers in the private sector.
“These government-employee pensions are bankrupting the state pension funds,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI). “Gov. Patrick Quinn (D) just raised the state personal income tax 67% to pump taxpayer dollars into the state’s floundering pension programs.”

Jim Tobin speaks about McHenry County’s sky-high pensions at McHenry County College on Wednesday, January 12, 2011.

Read more

Proposed $1.00 Cigarette Tax Hike a Tax on Poor and Will Put Many Stores Out of Business

CHICAGO—”The one-dollar-a-pack cigarette tax increase passed last year in the State Senate, S.B. 44, would raise the Illinois cigarette tax to $1.98 and fall most heavily on low-income and minority residents of Illinois,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI), “and would be used to fund the gold-plated pensions of state politicians and state and local government employees.”
“High taxes on items such as cigarettes encourage people to shop across state lines where taxes are lower,” said Tobin, “placing Illinois at a competitive disadvantage to the surrounding states of Missouri ($ .17 tax), Kentucky ($ .60), Indiana ($ .99), and Iowa ($1.36).”
Read more

Illinois Republican Senator Larry Bomke Operating Under Financial Influence Of Teacher Unions

SPRINGFIELD— Two of the politicians supporting an increase in the Illinois income tax that will be pushed for in the General Assembly tomorrow have received massive contributions from Government Teacher Unions. With these teacher unions’ tax-raising incentive on their side, House Speaker and Chicago machine boss Michael Madigan (D-22, Chicago) and Illinois State Senator Larry Bomke (R-50, Springfield) are working together to make sure a tax increase happens.

Madigan has received $842,650 in Teacher Union Contributions and Bomke has received $157,351. To see the list of Teacher Union Political Contributions over $100,000, go to championnews.net.

Read more