Politicians in Springfield celebrated Tax Day by introducing a rate schedule to accompany the constitutional amendment seeking to scrap our state's flat income tax and replace it with a graduated, or progressive, one. This legislation would likely result in...
Lockport Township citizens speak out at raucous annual meeting Lockport Township resident Cindy Allison urged township officials to be more transparent during the annual town meeting Tuesday at the Lockport Township High School auditorium. (Susan DeMar Lafferty / Daily Southtown) Susan...
BUDGET + TAX / Article April 14, 2016 Illinois' 859 local school districts consume nearly two-thirds of the $27 billion in local property taxes collected across the state each year.   Illinois has nearly 7,000 units of local government. That’s the highest count...
WHERE DO ILLINOIS STUDENTS TAKE OUT THE MOST STUDENT LOANS? EMILY OLSEN REBOOT STAFF APR 8, 2016 As high school seniors prepare to head off to college, student loans might be on their minds — and some Illinois colleges graduate students with...
Chicago Public Schools, or CPS, CEO Forrest Claypool is trying to guilt the state of Illinois into a massive bailout of the broke school district. To do this, he’s using divisive rhetoric, even implying that the state’s education funding system...
16 Democrat AGs Begin Inquisition Against ‘Climate Change Disbelievers’ Hans von Spakovsky / @HvonSpakovsky / Cole Wintheiser / April 04, 2016 New York Attorney General Eric Schneiderman speaks alongside former Vice President Al Gore. Neither Gore nor the “AGs United for...
Chapter 9 - Bankruptcy Basics This chapter of the Bankruptcy Code provides for reorganization of municipalities, which includes cities and towns, as well as villages, counties, taxing districts, municipal utilities, and school districts. http://https://www.youtube.com/watch?v=Ai5EHGW2nOE https://www.youtube.com/watch?v=iYhQve_DTD0 https://www.youtube.com/watch?v=25XtznOGOqU The first municipal bankruptcy legislation was enacted in 1934...
  Since 1996, Illinois has appropriated $67.3 billion to the state’s five retirement systems, according to the General Assembly’s Commission on Government Forecasting and Accountability. The Teachers’ Retirement System has received nearly 52 percent, or $34.9 billion, of state pension payments...
NEW: TOP 25 BIGGEST ILLINOIS PENSIONS IN SURS Reboot Contributor - Kevin Hoffman Reboot Admin ImageREBOOT STAFF APR 1, 2016 3901 0 Top 25 biggest Illinois pensions in SURS for 2016. Taxpayers United of America this week released a new analysis of the State...
Posted on April 5, 2016 by Brandon Smith Lost faith in central banks and the economic end game We live in strange economic times, stranger perhaps than at any other point in history. Since 2007-2008, the globally intertwined and dependent fiscal...

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