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tax hikes

The Math Doesn’t Work

The affluent civil leaders in Chicago would never invest their own money into City Hall but they expect ordinary citizens to give up theirs? How is competitive virtue signaling in Springfield affecting the state’s economy? What will be the watershed moment for city and state politicians? President of Wirepoints.com, Ted Dabrowski joins Dan and Amy to discuss.

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Taxing The Tippy Top

Can Ocasio-Cortez fool all Americans with a tax hike despite claiming she only wants higher taxes on those “at the tippy top?” How do America’s tax rates compare to European models that liberals cling to? Is the trade war with China irreparably harming manufacturing and need to come to an end? Is Grover Norquist, President of Americans for Tax Reform, “down with AOC?” Norquist joins Dan and Amy to discuss.

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Happy Taxiversary!

The Fourth of July week marked the one-year anniversary of the day politicians ended the budget impasse with a permanent 32 percent income tax increase. And we’re no better off than we were last year. In fact, our economy is worse, the job market is weaker, and our credit rating hasn’t improved at all.  Pat Hughes says we shouldn't be celebrating in this week's Two Minute Warning.

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Another Unbalanced Budget For IL

Politicians are patting themselves on the back for passing a budget by the May 31 deadline, but what is really in the bill? Did any lawmakers even read the 1,245-page budget before voting? On this edition of Illinois Rising, Dan Proft and Wirepoints President Ted Dabrowski talk to state Rep. Allen Skillicorn, R-East Dundee and one of the rare 'no' votes on the budget, about the details of the massive spending plan and the process to pass it. Dabrowski also gives his thoughts on how the budget fails taxpayers, and Proft and Dabrowski talk about the delusion of some Springfield lawmakers who think Illinois is on "the right track."

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Standing Up Against A Progressive Tax

Republican lawmakers in Springfield have effectively stopped a progressive tax for this legislative session. But Democrats are likely to keep pushing for it in the future, meaning taxpayer advocates in the General Assembly must remain vigilant in their opposition. On this edition of Illinois Rising, state Rep. David McSweeney – one of the fiercest opponents of a progressive income tax  – tells Dan Proft and Joe Kaiser how he and his Republican colleagues plan to oppose new damaging taxes. Proft and Kaiser also discuss the unfortunate situation in Harvey, Illinois – where decades of fiscal recklessness and political corruption are coming home to roost. And they talk about the issues of patronage hires in some McHenry County townships.

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Darren Bailey On Putting An End to Punishing Tax Hikes

In 2017, Illinois lawmakers passed the largest permanent income tax hike in state history. Months later, the state is already feeling the negative effects. On this edition of Illinois Rising, Dan Proft and Pat Hughes break down how the income tax hike has hurt jobs growth in the state, and they talk to Darren Bailey who is looking to defeat a state representative who voted for the tax hike. And while the income tax hike hit Illinois families hard, that isn't enough for some in the Rauner administration. Proft and Hughes discuss a massive $7 billion tax hike Rauner's school superintendent is pushing. They also react to the first Democratic gubernatorial debate, and what to make of that race moving forward.

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Actions Speak Louder Than Words

Rep. David Reis launched his re-election campaign, declaring he “stood up to Michael Madigan and the Chicago Democrat Machine.” But, don't be fooled. Reis stood shoulder to shoulder with Democrats to raise your taxes - again - this time by 32 percent with essentially no reforms to government spending. Pat Hughes takes David Reis to task for forcing you to pay higher taxes then claiming he is standing up to Mike Madigan Madigan.

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Stop Forking Over Your Lunch Money

Thanks to the Chicago Democrats who rule our state legislature, families, on average, will fork over an additional one-thousand dollars of their income to bail out state government next year. In this installment of Dollars and Sense, Pat Hughes outlines what government will cost you.

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Preckwinkle Plunders The Poor

Cook County Board President Toni Preckwinkle plunders the poor with her new soda tax. Pat Hughes explains why Preckwinkle doesn’t give a rip about your health in this week's Upstream Ideas' Two Minute Warning.

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Peddling A Con

Just when we thought that Chicago Democrats couldn't be any more hostile to businesses, Cook County Board President Toni Preckwinkle proves us wrong.  Pat Hughes takes on Preckwinkle in this week's Two Minute Warning.

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Democrats' CPS Bailout

Democrats got their income tax hike, but there is still major legislation to keep an eye on. On this edition of Illinois Rising, Dan Proft and Pat Hughes talk to state Rep. Joe Sosnowski, R-Rockford, about Democrats' proposed changes to the education funding formula - which would force downstate taxpayers to bailout Chicago Public Schools. They also discuss a new study showing Illinois' declining fiscal health, and labor unions' purchase of the Chicago Sun-Times.

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All These "Fiscal Conservatives" Are Killing Us

With all these "fiscal conservatives" in Springfield, why is Illinois broke? Will there be accountability for the 16 Republican legislators who voted for the 32% tax hike? Shouldn't the Illinois GOP be doing less to sabotage the state? Dan and Kristen McQueary, a member of the Chicago Tribune's editorial board, asked Illinois State Rep. Reggie Phillips, one the 16 surrender Republicans who voted for the tax hike.

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You'll Look Like Chumps

The Chicago Tribune wrote that the 15 Republicans who voted for Madigan's tax hike will look like chumps. Does the 32% tax hike change Illinois' fiscal trajectory? Does Governor Rauner want his veto overridden? Does Speaker Madigan want to override the veto? Is Madigan the master of blackmail politics? Illinois State Representative for the 97th district Mark Batinick joined Dan and John Kass to argue for a principled path forward that protects Illinois families.

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Durkin, What Are You Doing?

A group of Republican lawmakers – led by House Minority Leader Jim Durkin – are falling in line behind a budget that includes a massive income tax increase. Pat Hughes explains in this week’s Upstream Ideas’ Two Minute Warning.

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It’s A Beautiful Day To Stop A Massive Tax Hike

In his state address, Rauner calls for compromise. But is that just a euphemism for another "c" word--capitulation? The compromise is a massive tax hike that the Wall Street Journal calls “The Illinois Capitulation.” What if Madigan calls Gov. Rauner’s bluff? Is Rauner focused on winning votes from the public sector and political class when he should be focused on the families who fund it all? And Chicago’s police pension fund will be insolvent by 2021 according to an exclusive report by the Chicago City Wire. State Rep. Allen Skillicorn (R-East Dundee) joined Dan & Amy to say it’s a beautiful day to stop a massive tax hike.

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The Price You Are Willing To Pay

If a tax hike passed by Illinois Senate Democrats becomes law, families will send even more money to Springfield. For example, the average family in Glen Ellyn will pay an additional $1,483 in taxes, about the cost of a family vacation. All this, so that Legislative Democrats can continue to skirt the responsible spending cuts and reforms necessary to balance the budget. Is that a price you are willing to pay? Pat Hughes explains in this edition of Dollars and Sense.

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Another Tax Hike

In the last days of Legislative Session, Illinois Senate Democrats ended all budget negotiations. They just went ahead and passed a five billion-dollar tax increase on Illinois’ families and businesses with marginal reforms and no spending cuts. Pat Hughes breaks down their bad math and bad policies in this week's Two Minute Warning.

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Graduated Income Tax

Wanna-Be Governors Dan Biss, Ameya Pawar and J.B. Pritzker all endorse a graduated income tax. Pat Hughes shows why this isn't a solution in this edition of Dollars and Sense.

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Businesses Will Be Punished

In Chicago, if you start a business, work hard, stay disciplined, plan wisely---and do well as a result---you will be punished.

Right now, a group of Chicago aldermen, led by Carlos Ramirez-Rosa, are attempting to revive the employer’s expense tax to bail out Chicago Public Schools. Under Ramirez-Rosa’s plan, businesses that employ over fifty people would have to pay a thirty-three dollar “head tax” for each employee. On top of every other tax---property, income, whatever.

Pat Hughes dissects the Chicago political classes' newest tax on this edition of Two Minute Warning.

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Dollars And Sense: Opportunity Tax

What happens when a wanna-be governor proposes a new payroll tax? Pat Hughes explains in this edition of Dollars and Sense.

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