Posts tagged "social security"

Are Union Entitlements Bankrupting Illinois?

Are Union Entitlements Bankrupting Illinois?
The City of Chicago and the State of Illinois are having a difficult time paying their bills to vendors.  Both governments are struggling to stay afloat as the deficits rise every year.  It doesn’t seem to matter if we have Blago in office or Governor Quinn. The State of Illinois will be running a $8.3... Read more »

Get Ready for Tax Increases: The History of Income Tax

Get Ready for Tax Increases: The History of Income Tax
The dire state of our economy after the Great Depression in 1929 led to the passage of the Social Security Act in 1935.  This law provided for payment known as unemployment compensation to workers that lost their jobs.  Other areas of the Act gave public aide to the aged, the needy, the handicapped, and to... Read more »