Tagged: Latest

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ILLINOIS ECONOMIC CATASTROPHE DEMANDS TAX CUTS, NOT TAX INCREASES

The coronavirus damage to Illinois’ already-critically-ill economy could push Illinois state pension debt to over $300 billion, according to a recent study published in Wirepoints. The study’s authors based their calculations on figures from Moody’s Investors Service.

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PROPERTY TAXES IN ILLINOIS HURT THE STATE’S BUSINESS TAX CLIMATE

A recent report from the Washington-based, nonpartisan Tax Foundation reveals that Illinois property taxes not only have an adverse effect on the state’s business tax climate, but that Illinois is one of the worst states in the country using the foundation’s index.

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THE TRUTH ABOUT “WEALTH INEQUALITY”

Despite fears about runaway wealth concentration, expressed excitedly by the Washington Post and the New York Times, the study found that “wealth statistics such as the top 1 percent share have little relevance to the standards of living of U.S. households.

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Presidential Treason: Betraying US Armed Forces

On January 1st 1982, Pulitzer Prize-winner John Toland published his ground-breaking book on Japan’s attack on Pearl Harbor that blew wide open the treacherous activities of members of Pres. Franklin Roosevelt’s administration, who successfully goaded Japan into attacking the United States.

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Springfield IL Taxpayers Crushed by Gov. Pension Debt

Springfield, IL – Taxpayer Education Foundation (TEF) today released its updated study on Springfield municipal pensions, Sangamon County government pensions, including the top 200 pensions in the Teachers Retirement System (TRS), Illinois Municipal Retirement Fund (IMRF), and the State University Retirement System (SURS). Taxpayers United of America (TUA) issued the following statement based on the TEF pension study: