Yearly archive for 2010

CHICAGO–The President of Illinois’ largest taxpayer organization today issued a warning to Illinois Taxpayers that they are frighteningly close to being socked with a 67% increase in their state income tax, and a hike in the state corporate income tax from 7.3% to 7.5%. Additionally, new state sales taxes between 7%-10% will be created on 39 services.

“Gov. Patrick Quinn (D) has proposed a 33% increase in the state personal income tax, but an even worse state income tax increase is alive and well, and could be passed in this lame-duck session of the General Assembly,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI).

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CHAMPAIGN–A new report by pension researcher Bill Zettler reveals that retired government employees in the Champaign area receive lavish, gold-plated pensions that far exceed actual wages of workers in the private sector.

“These government-employee pensions are bankrupting the state pension funds,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI). “That’s the real reason Gov. Patrick Quinn (D) wants to raise the state personal income tax anywhere from 33% to 66%. He wants to pump taxpayer dollars into these floundering state pension programs.”

Jim Tobin speaks to a Champaign television station at the press conference held on November 18, 2010

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PEORIA—Many Peoria-area government retirees received over $100,000 in pension benefits, according to pension researcher, Bill Zettler. This is one of many reports prepared by Zettler over the past nine years on Illinois Government Pensions.

“The Peoria-area government retirees with the highest pensions are almost all retired educators,” said Jim Tobin, president of National Taxpayers United of Illinois, “The top recipient is T. Thomas, former employee of Illinois Central College, whose annual pension is $172,520. That works out to $14,376 a month.”

Jim Tobin addresses the press in Peoria on November 17, 2010.

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