Illinois Corporate Owned Moos Have Their Taxes Raised In The Middle Of The Night

While the good little cash cows of Illinois were tucked in their beds, and criminals were ignoring the law, the Illinois state legislature voted on a closed door deal at 1 o’clock in the morning to raise personal income taxes by 66%.  Eerily familiar isn’t it? Law abiding residents’ income tax percentage will go from … Read more

Tackling Unfunded Pensions; Raising Taxes And Watching The Economy Shrink

Recently, we have been talking about the impending tsunami of unfunded pension liabilities across the country (some $3 Trillion) as states, cities and municipalities come face to face with the debt that has been created by very generous pension plans for government workers. Last Thursday, Illinois Governor Pat Quinn signed the bi-partisan pension reform bill … Read more

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