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Click here for Jim’s Crain’s Chicago Business article.

On May 27, 2008 Jim Tobin was interviewed by Chicagoland TV (CLTV) and Fox TV Chicago to discuss huge increases in total state revenue since 2003 and the 2,500 government pension millionaires.

Capital Spending Plan Proposal Is Replay Of 1999 Spending Binge

The current “Capital Plan,” languishing in the Illinois General Assembly, is reminiscent of the six massive “Illinois First” pork barrel spending bills of 1999. Three Illinois First bills increased Illinois taxes by $16 billion, to be paid over 25 years, and three spending bills totaling $12 billion were spent on a “five year plan” not unlike the famous Soviet plans of the same name. Read more

Total State Revenues Climb For Sixth Year In A Row

CHICAGO- For the sixth year in a row, since ITEF began tracking state revenue, total Illinois state revenue is significantly up from the previous year, according to data from the Illinois Comptroller’s website. Total tax revenue for the first 10 months of FY 2008 has increased $1.9 billion over the same period in FY 2007.

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