Posts tagged "income tax"

Illinois keeping higher income taxes; our neighbors lowering theirs

“Stateline,” a daily newsletter of the Pew Charitable Trust reports, “States Pursue Tax Cuts as Recovery Takes Hold.” Of course not in Illinois where Gov. Pat Quinn wants to makes permanent his temporary, huge income tax increase and House Speaker Mike Madigan and his henchmen are pushing to impose a surcharge on millionaires. As for... Read more »

Just how much taxes should the rich pay to be fair?

There are few good answers What’s fair? Upon that question revolved a presidential election and the economic future of America. What’s not fair, we’re told, is rich people not paying higher taxes. But no one seems able to say just how much more they should cough up. The fairness argument won President Barack Obama re-election... Read more »

Preposterous demands for Illinois tax increase

Tribune photo by Abel Uribe / April 21, 2010 Thousands of people march around the State Capitol in Springfield, Ill. during a pro-tax rally on Wednesday. The headline read “Thousands rally at Illinois Capitol — for a tax increase.” A subhead could have read, “Millions more stay at home, fuming at the very idea.” Last... Read more »
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Quinn: "Liquidate" tobacco settlement fund

Remember the “tobacco settlement,” in which the cigaret companies agreed to pay billions and billions of dollars to the states in order to wage campaigns against smoking?  Illinois apparently has a pile of money left from that settlement sitting around, waiting to be spent on that campaign.  Now, Illinois Statehouse News reports that Gov. Pat... Read more »

Uncle Sam=*&^$#% Time Bandit

I haven’t been cutting hair (posting) in The Barbershop for several days because I’ve been drafted into the service of the federal government. And you thought that we had gotten rid of the draft in the early 1970s. Actually, it wasn’t a military draft. But I and millions of other Americans were inducted into the... Read more »
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    Chicago Tribune contributing op-ed columnist and author of forthcoming historical novel, "Madness: The War of 1812." Reporter, editor and columnist for Chicago Sun-Times and Chicago Daily News. Freelance writer and editor.

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