Tag Archives: income tax
Referendum Campaigns Can Be Savagely Divisive, Even At a State Level in a School Board Referendum
The referendum, as an instrument of political decision-making, has been the source of much consternation in 2016. First, June saw an unexpected British vote to leave the European Union (EU). Then, in October, Colombians shocked the world as the narrowest … Continue reading
Illinois Home Values down 21% and Property Taxes Up 7 % Since 2007
Illinois homeowners still have yet to recover much of the home value they lost after the housing market crash. But that hasn’t stopped those homeowners’ property tax bills from climbing. Average home prices in Illinois are still 21% lower today … Continue reading
Chicago Attempts to Legislate Wages and Benefits in Private Companies
CAN ANYONE TELL ME WHY WE AS A CITY TRY TO FORCE CHANGES IN WORK WAGES AND BENEFITS IN PRIVATE COMPANIES AS THE CITY OF CHICAGO SCREWS THEIR CURRENT EMPLOYEES AND RETIREES IN EVERY WAY POSSIBLE….JUST AS THE DEDICATION AND … Continue reading
Every U.S. Census since 1850 Asked About Citizenship Status Until Obama Administration Removed That Question.
There’s a lot of whining by various factions of the U.S. media, because the Presidential Administration wishes to reinstate that the 2020 U.S. Census would ask about Citizenship-Immigration status. What they don’t tell you, is that the Citizenship question has … Continue reading
One More Thing On The Illinois Gas Tax Increase
The state’s new motor fuel tax of 38 cents a gallon will be tied to the Consumer Price Index effective July 2020. That means every March, the Illinois Department of Revenue will use federal inflation data from the previous 12 … Continue reading
The Cost Of Even Parking In Illinois Is Going Up As Well As A New Government Tax Scheme on Purchases—-Car Dealers and Purchasers Will Feel Tax Pain
Did you know pursuant to a bill passed on the last day of the legislative session, the first $10,000 of trade-in value will go untaxed. After that, every dollar of trade-in value would be applied to the purchase price of … Continue reading
Gas Tax Increase to Anger Illinoisans This Summer
Expect the doubling of Illinois gas taxes to anger Illinoisans this summer. The state’s motor fuel tax on July 1 will increase to 38 cents per gallon from 19 cents currently. The state says the tax, which has not been … Continue reading
Illinois Will See An Expansion Of Sales Tax on 1/1/2020
Illinoisans will pay higher sales taxes on online purchases starting next year. On Jan. 1, 2020, an expansion of the state’s sales tax will take effect, which will require online marketplaces that facilitate sales between third-party users, such as Etsy and eBay, … Continue reading