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.
Successful land speculation (also known as “real estate investment”) is really a matter of taking for yourself the gains that belong to the community. George Menninger is one of the many who have done it, but he’s exceptional in his understanding of what he did, as well as his sympathy for his victims. He’ll explain how the bad public policy he exploited not only made him rich, but led to continued poverty, unemployment, and even the recent economic meltdown.
Menninger is a Henry George School volunteer instructor, and this stand-alone session also serves as the introduction to his modern version of Progress & Poverty. After his talk, you may, if you wish, sign up for the five-session course.
Cook County isn’t broke either. Neither is Chicago.
In this session you will learn about the legitimate earnings that our communities generate every day, and how collecting these earnings would allow removal of barriers to productive work which make it unnecessarily difficult for working people to earn a living.
There’s plenty of waste and fraud throughout government, but that’s not the focus here. Even an honest and efficient government requires revenue, and the source of that revenue determines whether we can have prosperity and freedom, or — something else.
PREREGISTRATION MANDATORY. This program is free, but due to building policies you must pre-register by email or by phoning us at 312 450-2906.
Cook County isn’t broke either. Neither is Chicago.
In this session you will learn about the legitimate earnings that our communities generate every day, and how collecting these earnings would allow removal of barriers to productive work which make it unnecessarily difficult for working people to earn a living.
There’s plenty of waste and fraud throughout government, but that’s not the focus here. Even an honest and efficient government requires revenue, and the source of that revenue determines whether we can have prosperity and freedom, or — something else.
PREREGISTRATION MANDATORY. This program is free, but due to building policies you must pre-register by email or by phoning us at 312 450-2906.
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.
Join us in celebrating Income Tax Appreciation Day. This page will be updated with specifics of our celebration as we figure out how best to do it.
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.