Prepare to Pay More Taxes

Prepare to Pay More Taxes

Beginning July 1st, the first set of many proposed tax increases on several goods will have taken effect across the state of Illinois. The goal of the increased taxation of these goods is to help fund the newest spending plan to fix state-wide infrastructure, like...
Fund Consolidation for Pension Relief

Fund Consolidation for Pension Relief

We all know that Illinois has a huge public pension problem. It is nearing a point of becoming an unfixable one. One of the biggest ones in the country as a matter of fact and little has been done by our government to try and remedy the situation. But, finally,...
Asset Transfers for Pension Relief

Asset Transfers for Pension Relief

Prior to Governor Pritzker’s budget proposal, he appointed two task forces to take a closer look at some potential solutions to Illinois’ pension underfunding problem. Or underfunding catastrophe. One of these task forces is looking into the benefits of consolidating...
What Does a Vehicle Mileage Tax Look Like?

What Does a Vehicle Mileage Tax Look Like?

The recent gubernatorial and current Chicago mayor elections have brought forth a plethora of new taxing ideas. While no politicians seem interested in less government spending or reducing the size and scope of government’s gigantic footprint in Illinois, literally...
A Look at Illinois’ Excessive Taxing

A Look at Illinois’ Excessive Taxing

Here’s a tough pill to swallow: Illinois boasts the highest tax burden in the Midwest, and near the highest nationwide. Many of these taxes have been implemented or raised by politicians to try and help relieve the burden of the Illinois government’s over-the-top...