Posts tagged: Income tax

SPOTLIGHT: Tax, Spend, Repeat

Written by David E. Smith

As most readers know, the Illinois General Assembly voted to approve a massive income tax increase on citizens and corporations in Illinois over the Independence Day holiday weekend. Governor Bruce Rauner vetoed this tax grab as soon as it arrived on his desk. But within two days of his veto, Democrats in the Illinois Senate and House overrode his veto with the help of eleven weak-kneed Republicans.  Ironically, many of these state lawmakers openly acknowledge how fiscally irresponsible the state has been in the stewardship of taxpayer dollars.… Continue Reading