Jul

24

2007

Front Group “A+ Illinois” Pushes 67% State Income Tax Increase To Pad Salary And Pension Benefits Of Government Employees

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CHICAGO-The president of Illinois’ largest taxpayer organization today charged that the organization, “A+ Illinois,” was attempting to deceive Illinois taxpayers by misrepresenting its proposed state income tax increase as “modest,” and that the benefits from such an increase would not help students in public schools but, rather, pad the obscenely large salaries and pensions of public school teachers and administrators. Read more

Jul

13

2007

NTUI Releases Open Letter To Illinois Congressional Delegation Opposing Incrase In Federal Cigarette Excise Tax.

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Dear Illinois Representative in Congress,

As a taxpayer in Illinois, I urge you to oppose any increase in federal cigarette excise taxes. Raising federal cigarette excise tax rates from $.31 per pack to $1.00 per pack, a 222% increase, will burden the state of Illinois’ budget, the Illinois economy, and many Illinois families. Read more

Jul

9

2007

ITEF Comment Vol. XIII Issue 5

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No “Revenue Crisis” As Total State Revenue Climbs $2.8 Billion In FY 2007

For the fifth year in a row, since ITEF began tracking state revenue, total Illinois state revenue is up from the previous year, according to data from the Illinois Comptroller’s website. In the past year-Fiscal Year 2007 starting July 1, 2006, and ending June 30, 2007—total tax revenue has increased $2.8 billion or 4.8% over FY2006. This is more than 2½ times the regional inflation rate of 1.8% for the same time period. Over the past five years-between FY2002 and FY2007-total revenue climbed $14 billion or 29.1%, nearly 2½ times the 12% regional inflation rate for the same time period. Read more