Taxpayer Alert

George H. W. Bush and Hillary Clinton’s War on Taxpayers | Video

View as PDF Chicago —Taxpayers United of America (TUA) has fought disastrous government tax policies for forty years, and unfortunately, the government thrives off of the poor decisions made by politicians. Earlier this week, sources close to former President George H. W. Bush (R) leaked word that he would vote for former Secretary of State Hillary Clinton (D) in this November’s presidential election.
As a non-partisan taxpayer advocacy organization, the politics of that disclosure aren’t as relevant as the impact of tax policies on the economy and your average taxpayer’s bank account. Clinton, hardly a budget hawk, seems like an odd choice for the former president, unless you know his record.

At the 1988 Republican National Convention, then-Vice President Bush made his notorious statement, “My opponent won’t rule out raising taxes. But I will. And the Congress will push me to raise taxes and I’ll say no. And they’ll push, and I’ll say no, and they’ll push again, and I’ll say, to them, ‘Read my lips: no new taxes.’
However, two years later, Congress pushed for higher taxes and Bush capitulated, signing into law higher income tax rates, raising taxes on gasoline, tobacco, liquor, wine and beer, as well as hitting the elderly with higher premiums and deductibles for Medicare.
“We’re upset that Congressman Daniel Rostenkowski (D) and President Bush are about to sign the biggest tax increase in Washington since 1982,” said TUA’s president and founder, Jim Tobin, as he led protests in Chicago against the powerful chair of the House of Representatives’ Ways and Means Committee and President Bush. The Chicago protest coincided with other taxpayers voicing their grievances with the government across the country. “If politicians tell you that they are trying to balance the budget, they’re lying. They plan on more than $100 billion in higher spending next year,” concluded Tobin.
As the government accrues massive debts and increasingly spends beyond its budget, taxpayers are doubly burdened with tax hikes and a weakened economy. The private sector is drained of resources, and the government perpetuates its cycle of debt, spending and taxes, only to offer more of the same as a solution.
Bush denounced tax hikes in 1988 only to relent two years later. The subsequent failing economy sank his approval ratings leading into the 1992 election, which he then lost to Bill Clinton (D).
TUA’s opposition to ruinous tax policies is not bound by political party, but only our fidelity to taxpayers. Average folks struggle to provide for themselves and their families, due in large part to counterproductive government taxes. Taxpayers can trust that TUA will always champion the interests of our supporters and members, never backing down or compromising, unlike former President and current Hillary Clinton supporter, George H. W. Bush.

Citizens Join Across Counties To Send A Message About Taxes

WOODSTOCK, IL – A small, but growing group of local citizens have joined forces to send a message to legislators and local officials about their taxes. The message is simple, “We can’t pay any more taxes than we already are and if you don’t do something serious to improve the situation, you will lose our votes.”
The movement grew out of a protest in McHenry County on June 13th where two people paid their taxes entirely in singles while a group of others gathered to voice their disgust about property taxes. The group has taken the name “Illinois Tax Revolution – Saving Illinois” and is organizing taxpayer rallies. So far, there are three rallies planned; one in McHenry County, another in Lake County and a third in downtown Chicago.
The group has drawn support from a growing number of activist organizations and local office candidates and encourages others to contact the organization to show their support.
“This is all about giving the overburdened taxpayer an opportunity to have their voices heard”, said Bob Anderson, Chairman of the Group’s Steering Committee.
“We hope that taxpayers and local officials will join us at the rallies in a gesture of solidarity and commitment to addressing the crippling problem of taxes in our communities,” said Bob. For those that cannot attend in person, the group offers “One-Page Petitions” that individuals can fill out and send back to the group. These will be brought to the rallies to represent those who cannot make it to the events.

https://www.taxpayersunitedofamerica.org/event/fall-tax-protest-lake-county
https://www.taxpayersunitedofamerica.org/event/fall-tax-protest-mchenry-county
https://www.taxpayersunitedofamerica.org/event/the-walk-on-chicago/

About Illinois Tax Revolution

Saving Illinois

Born out of the devastating impact of taxes in this area, a small group organized to give a voice and a focal point to burdened taxpayers. Led by a small Steering Committee consisting of Bob Anderson, Dan Aylward, Steve Rooney, Joe Tirio and Rose Venegas, the group sought ways to help every taxpayer communicate with their community leaders on the subject of taxes and the impact on their lives.
Please direct press inquiries to:
Bob Anderson
(815) 653-7699 or (815) 653-9865
team@illinoistaxrevolution.com
IllinoisTaxRevolution.com

Former Gov. James R. Thompson Lives Lavishly as Social Security Recipients Struggle

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CHICAGO—Former Illinois Governor James R. Thompson, who in 1983 and 1989 engineered raising Illinois’ state personal and corporate income tax rates by 20 percent, will receive a generous increase to his lavish, gold-plated state pension on July 1, 2016, while Illinois residents on Social Security government pensions will see negligible increases to their own benefits next year.
Thompson’s annual pension as of 2016 is $147,477. On July 1, his annual cost-of-living increase of 3% will boost his annual government pension by $4,424.
Compare those figures to Social Security recipients, whose cost-of-living increase of two-tenths of one percent for 2017 was just recently announced. For those receiving a Social Security pension of $1,000 a month, that cost-of-living increase amounts to only $24 annually, or nearly one-hundred eight-five times less than that of Thompson.
“It is obscene that tax-raiser Thompson is pulling in millions of dollars from the essentially bankrupt state pension fund, while retirees on Social Security pensions, whose earnings were taxed to prop-up his state pension fund, must get by with an increase of $2 or $3 a month in 2017,” said Jim Tobin, President of Taxpayers United of America (TUA).
Under Thompson, the state personal income tax was raised from 2.5% to 3%, and the state corporate income tax to 7.3%, including the 2.5% personal property replacement-tax surcharge.
“This is an example of how corrupt the Illinois government is and has always been,” said Tobin. “Thompson, who retired at age 55, and who has contributed only $84,996 to his pension plan, already has collected $2.5 million to date, and his estimated lifetime pension payout is $3.38 million. He should be ashamed, Social Security pensioners and taxpayers alike should demand immediate reform.”
To understand the tax burden Illinois taxpayers face due to unfunded government pension liabilities, see TUA’s 10th Annual Illinois State Pensions Report.

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DISCLAIMER

Taxpayers United Of America: (TUA). is a nonpartisan, 501(c)(4) taxpayer advocacy group. Founded June 27, 1976 in Chicago, Illinois by activist and economist Jim Tobin, TUA works on behalf of taxpayers to reduce local, state, and federal taxes. In the past forty years, TUA has saved taxpayers more than $200 billion n taxes and has become one of the largest taxpayer organizations in America. Check All posts. s.

ADDRESS

Chicago, IL 60606 205 W. Randolph Street, Suite 1305
Phone: (312) 427-5128
Fax: (312) 427-5139
Website: https://taxpayersunitedofamerica.org
Email: info@taxpayersunited.org

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