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Eric Zorn at the Chicago Tribune concludes that “Illinois is a low-tax state.” His evidence (after strangely inferring that Illinois’s $5 billion deficit is preferable to Indiana’s $309 million deficit, not that those deficit numbers mean anything*), is that Illinois ranks 30th in state-local tax burdens and has been around there for decades. On other [...] Right now, the so-called “three-legged stool” of retirement income is rapidly losing its legs. Social Security was never a program designed to provide an adequate retirement income — it has always been considered supplemental. By the time I retire, Social Security may not even be a contender. Few companies offer pensions anymore, and if you [...] |
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