Bill would require tax disclosure for presidential candidate to appear on Illinois’ ballot

By   /  May 11, 2017  /  District of Columbia, Illinois, News  /  No Comments

Illinois state senators have advanced a bill that would have removed President Donald Trump from the ballot in Illinois if it were law last year. The sponsor, State Sen. Daniel Biss, D-Evanston, says his legislation would require any presidential candidate wishing to appear on Illinois’ ballot to disclose the previous five years of tax returns […]

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Congress cuts Department of Justice’s budget to crack down on medical marijuana

By   /  May 9, 2017  /  Colorado, District of Columbia, Florida, Illinois, News  /  No Comments

Congress has pulled back the reins on the Department of Justice’s notion that it should crack down on the medicinal marijuana industry. Advocates, dispensaries and their clients are relieved. The U.S. House and Senate are hammering out the details on a spending plan that will get them through September. Lawmakers took criticism for a number […]

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Study: Income tax rate has major impact on pro sports teams win-loss record

By   /  May 4, 2017  /  California, Colorado, District of Columbia, Florida, General, Illinois, Indiana, Louisiana, Massachusetts, Michigan, Minnesota, Missouri, New York, News, Ohio, Pennsylvania, Taxes, Tennessee, Texas, Uncategorized, Vermont, Virginia, Washington, Wisconsin  /  No Comments

Upset that your favorite basketball or hockey team is watching the playoffs from their sofas? A UIC professor says a state’s tax burden shares some of the blame. University of Illinois at Chicago professor Erik Hembre has released a working draft that shows a professional team in a state with high income taxes could win up […]

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Congressman: Time to reopen project to store nuclear waste in Nevada’s Yucca mountain

By   /  May 2, 2017  /  Illinois, Nevada, News, Washington  /  No Comments

Southern Illinois Congressman John Shimkus wants to resurrect the massive project to move the nation’s spent nuclear fuel to a Nevada mountain. Shimkus, a Republican who chairs the committee exploring the reopening of the project to store the country’s nuclear waste in the Yucca mountain range, 50 miles west of Las Vegas, says the government […]

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Illinois takes a bigger piece of local businesses’ profits than all neighboring states

By   /  April 25, 2017  /  Illinois, News  /  1 Comment

Photo Courtesy Flickr.com

Illinois’ businesses are taxed higher than all of their neighbors. That’s according to a new report ranking states by their burdens on local companies. Chicago-based Anderson Economics Group’s annual report on the level of tax burdens on businesses shows Illinois companies aren’t as taxed as much as they are in states such as New York […]

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