Social Implications of Tax Law

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We often talk about the social implications of tax law. In the US, we have a progressive tax system which means, those who make more pay proportionally more. This is simply because they can afford to pay more. Where this breaks down in the most painful way (in my opinion) is the phase in of… Read more about Social Implications of Tax Law

Fair Taxes

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As a Tax Professional, I have been asked frequently about the Proposed Amendment to the Illinois Constitution or what has been referred to as the “Fair Tax for Illinois” Amendment. First and foremost, I believe calling this a “Fair Tax” is very misleading. Politicians who support this amendment are hoping the masses will blindly vote… Read more about Fair Taxes