IT’S OFFICIAL: ILLINOIS FY2009 REVENUE HIGHER THAN FY2008

The figures just released from the Illinois Comptroller’s Office for the fiscal year ending June 30, 2009, (http://www.ioc.state.il.us) indicate that total state revenue for Fiscal Year 2009 is higher, not lower, than total revenue of Fiscal Year 2008, according to Jim Tobin, President of the Illinois Taxpayer Education Foundation (ITEF). Read more

NEW INVESTIGATIVE VIDEO BLOWS LID OFF ILLINOIS GOVERNMENT TEACHER GET-RICH PENSION PLAN!

By Dennis Constant

A new video featuring pension expert Bill Zettler analyzes the pensions and benefits plans for retired Illinois public school teachers. The video dramatically shows how teacher unions over the years, with huge political contributions, have carefully engineered a lavish, gold-plated pension plan that can honestly be called a get-rich road paved with gold bricks. Read more

TOTAL STATE REVENUES DIP MODESTLY IN FY2009

By Jim Tobin

For the first time in six years, since ITEF began tracking state revenue, total Illinois state revenue is down from the previous year, according to data from the Illinois Comptroller’s website. Total tax revenue for the first 9 months of FY 2009 decreased $742 million, 1.7%, over the same period in FY 2008.  This modest dip in state revenue is not a fiscal crisis.
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TAX FREEDOM DAY ARRIVES ON APRIL 13 THIS YEAR

By Dennis Constant

Tax Freedom Day, the day when taxpayers will have earned enough money to pay this year’s tax obligations at the federal, state and local levels, will arrive on April 13 this year, according to the nonpartisan Tax Foundation in Washington, DC. Read more

Fourth in a series of articles examining the Lincoln myth vs. reality

LINCOLN DESTROYED FUNDAMENTAL RIGHT OF SECESSION IN 1860s

Until the tragic and brutal War of Southern Independence in the 1860s, secession was assumed to be a natural right. Secessionists founded the U.S., and the Declaration of Independence justified the secession of the separate American states. Read more

TOTAL STATE REVENUES DIP MODESTLY IN FY2009

By Jim Tobin

Peoria - For the first time in six years, since ITEF began tracking state revenue, total Illinois state revenue is down from the previous year, according to data from the Illinois Comptroller’s website. Total tax revenue for the first 7 months of FY 2009 decreased $1.5 billion, 4.2%, over the same period in FY 2008.  This modest dip in state revenue is not a fiscal crisis. Read more

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