This presentation looks at the cost of collecting the income tax. The IRS overhead itself represents the direct cost to the government in generating this revenue. Beside that there is the burden put on the tax payer in preparing his return, in the case of an audit there may be the cost of representation before a tax court. You also become aware of the vast amount of human resources wasted on this activity for the revenue generated.
Metropolitan Planning Council’s Alden Loury will discuss his research into the costs that racial and ethnic segregation impose on all of us here, and might be persuaded to hint at the recommendations to come from phase 2 of the study. We have a post with a bit more information.
ProPublica Illinois investigative reporter Jason Grotto (formerly with the Chicago Tribune) has produced several major research stories about problems with real estate assessments in Cook County, as well as with the Assessor’s office itself. He’ll join us to talk about how and why he undertook this work, what’s wrong with the Assessor’s office and how it could be repaired, how the property tax would function if it were competently administered, and, if we’re lucky, how the tax could be restructured to improve fairness and better fund public services while promoting economic opportunity.
Join us to learn about some of the practical difficulties in bringing competence and efficiency to the administration of what could be a very fair tax.
PREREGISTRATION MANDATORY: Due to building policies you must pre-register by email or or by phoning us at 312 450-2906
The annual gathering of North American activists and educators promoting economic justice. The date and location are set, but other details will be posted to their site as they are determined.
Adam Schuster will present “Diagnosing Illinois’ Fiscal Sickness and Prescribing a Cure” to the Henry George School. He is working on a 5-year fiscal plan to save the state and pay off its debt.
Adam is budget and tax research director at Illinois Policy Institute. Prior to joining the Institute, he worked in the Illinois Department of Labor to reduce unnecessary regulatory burdens and on an initiative to tie state spending to measurable outcomes.
Registration is required for this event. Those attending will be required to pick up a badge from building security to come upstairs. Please tell us you’re coming by sending email to info@hgchicago.org or calling 312 362-9302.
Michael Belsky, executive director Center for Municipal Finance at Harris School University of Chicago, will discuss ongoing research into the state and local pension crisis in Illinois.
Registration is required for this free event.