A key issue facing the new Obama administration is to what extent the economic stimulus should take the form of spending increases versus tax reduction. One way to think about the issue is the size of ...
CHARLESTON — State officials have made about a 3.5-percent adjustment in Coles County’s property values for this year’s tax bills. The Illinois Department of Revenue issued a final assessment ...
The state has increased by 1.8 percent a number used in computing Cook County property-tax bills. But the higher multiplier, which usually is bad news for taxpayers but good news for cash-strapped ...
The Illinois Department of Revenue on Friday announced a tentative 1993 property-tax equalization factor of 2.1407 for Cook County, representing a 2.44 percent increase since 1992 in the multiplier ...
The SVAR and narrative approaches to estimating tax multipliers deliver significantly different results. The former yields multipliers of about 1 and the latter of about 3. The two approaches differ ...
Government spending has a more significant impact on the economy than tax changes due to the spending multiplier effect. "Trickle-down economics" does not work. Tax cuts primarily benefit the wealthy.
GREG MANKIW is getting nervous thinking about all that infrastructure spending. He's down with stimulus, but like all good conservatives, he recognises that tax reductions are preferable to spending ...
Shawkat Hammoudeh is Professor of Economics and International Business at Drexel University. He can be reached at [email protected]. There is currently a debate raging among first-rate economists ...
SULLIVAN -- Moultrie County received a property tax "multiplier" from the state that won't change the tax bills property owners receive this year. The Illinois Department of Revenue issued the county ...
Most rural areas in Sangamon County will see township multipliers of less than 1.0 this year. Generally, that means those people will receive slightly lower tax bills on their non-farm property.
The Illinois Department of Revenue sets Stephenson County's property tax multiplier at 1.0000, reflecting fair market value ...