Numerous polls over the years have identified the property tax as one of the most hated taxes—if not the most hated tax—in America. Ironically, something cities and counties across the country have enacted to reduce property taxes actually drives them higher.
Author: Steve Stanek
Rarely do some of the nation’s most powerful politicians and businesspeople laud banks that report big profits when in fact they have lost billions of dollars. But we’re witnessing this spectacle on behalf of the Export-Import Bank of the United States, which for many decades, and for good reason, has been called by its critics “The Bank of Boeing.” Its charter expires September 30, and a battle over its possible extension is brewing between the political establishment and reformers.
The state of Virginia has stepped up its attack on ride-sharing services Uber and Lyft. It’s just the latest example of crony capitalism and government favoritism toward the wealthy and powerful.
How is that school shootings were almost unheard of when there was no age limit to buy guns, no licensing of gun dealers, and no such thing as a background check or waiting period? Could the problem be people and not guns, which, after all, are inanimate objects? Do knives compel us to stab? Do baseball bats compel us to bludgeon? Do pills compel us to poison?
A judge in Sangamon County Circuit Court has blocked a modest reform of Illinois’ pension system for state workers and retirees outside Chicago from taking effect June 1, giving Gov. Pat “Four Counties” Quinn the excuse he’s probably been looking for to block reforms for two of Chicago’s pension plans. (I’ll explain “Four Counties” in a moment.)
For every 100 mortgages being sold in the United States these days, at least 95 of them have government backing. We’re told America has a free-market economy? Not judging by the government’s involvement in housing, arguably the most important market there is. Most people can go years without needing health care. A healthy adult can go weeks without food. We cannot go one day without needing shelter.
Unbelievable: More than 2,800 Internal Revenue Service workers who had been disciplined recently received millions of dollars in bonuses and time off as part of an employee recognition program, a new government audit shows.
President Obama and many of his fellow Democrat politicians think they have identified a terrible injustice in the “gender pay gap.” But with almost no effort, anyone who can access the Internet can go to the Bureau of Labor Statistics website and find information showing a far greater injustice: the pay gap between young people and older workers.
For many decades in most states, the auto dealers lobby has persuaded legislators to make it illegal for automakers to sell their products directly to buyers. Instead, new-car buyers must[...]
Raise fuel taxes. End diversions of highway funds. Charge a road fee for owners of hybrid and electric cars. Leverage existing federal programs to involve private companies to address highway needs. These all would be better solutions than the hidden and privacy-violating VMT.
Crain’s recently published“Pullman inching closer to national park status,” an article detailing plans by Illinois Sens. Dick Durbin and Mark Kirk and Rep. Robin Kelly of Chicago to introduce a bill to make Chicago’s Pullman neighborhood a national park. They and local supporters say a national park designation could “bring much-needed funds and development to the neighborhood.”