Look what the Tax Foundation presents in its most recent email. It’s a good follow-up to yesterday’s article by the Illinois News Network. Where Did Americans Move in 2018? States compete in a variety of ways, including attracting residents, and … Continue reading
Here is what the Tax Foundation says about last week’s proposal: Details and Analysis of the 2017 Tax Cuts and Jobs Act The House Ways and Means Committee’s Tax Cuts and Jobs Act would fundamentally reform the U.S. tax code for … Continue reading
The Tax Foundation has releases its Business Climate Index and, amazingly enough, Illinois is not at the bottom end. Illinois ranks 29th. Details here. The 10 lowest ranked, or worst, states in this year’s Index are: Rhode Island Louisiana Maryland Connecticut Ohio … Continue reading
The following email from The Tax Foundation is a good starting place to understanding what is going on in Washington on taxes: Today is a big day in tax reform. Minutes ago, a coalition of House, Senate, and Administration officials known … Continue reading
The real estate tax figures released by the Tax Foundation this week are from 2014, but that’s the most recent data available. Presented, along with other information is the effective tax rate for each state. “This is the average amount … Continue reading
According to a Tax Foundation report, Illinois is not the highest property tax state in the nation. We come in third, behind New Jersey and New Hampshire. The average effective real estate tax rate (total real taxes paid divided by … Continue reading
A former McHenry County resident who still reads McHenry County Blog sent the following map prepared by the Tax Foundaton. The subject line on the email was One of the reasons we left Illinois … Continue reading
I don’t smoke. Never have. But hiking cigarette taxes a buck a pack strikes me as discrimination against a minority portion of the electorate. Even if it is phased in over two years. How will Illinois rank with other states … Continue reading
