Events

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.

In 1831, Alexis de Tocqueville and Gustave de Beaumont were sent by the French government to study the American prison system. In his later letters Tocqueville indicates that he and Beaumont used their official business as a pretext to study American society instead. They arrived in New York City in May of that year and spent nine months traveling the United States, studying the prisons, and collecting information on American society, including its religious, political, and economic character.

— Wikipedia

Democracy in America was one of the products of this trip. It’s available in several translations, some free such as this one and this one, also free in audio format.  On March 29, the Political Economy Book Club will discuss volume 1.

PEBC meetings are free and open to everyone who has read and wishes to talk about the book under discussion. Convenor Bob Matter appreciates an RSVP if possible.

A subsequent meeting will discuss volume 2

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.