And Lauren and Arnold Hubble who I found using the same tax loophole I outline on page 58… and recently brought in $12,500! The House felt that we did. On May 27, 2019, the state House passed SJR 1, with support from 73 senators. In other words, you’ll have a FULL year to see if The Rich Dad Poor Dad Letter is right for you! A program administered by the IRS already exists designed to give employers a tax break for keeping employees on the payroll, through the end of 2020. margin-top: 10px !important; So how much does a risk-free trial to The Rich Dad Poor Dad Letter cost? Tired of watching Uncle Sam take a huge chunk out of your paycheck…even BEFORE you get paid…? You have to act before April 15, the tax deadline. [45], In the Illinois House of Representatives, 71 votes were needed to approve SJR 1. In Illinois, income is taxed at a flat rate of 4.95%. The House Bill would permit all Section 501(c)(3) organizations to participate or intervene in political campaigns in a limited manner through “statements” (we assume this term will be broadly construed) that are made in the ordinary course of an organization’s regular and customary activities in carrying out its exempt purpose and that result in the organization incurring not more than de minimis incremental expenses. There would be no limit on the number of tax brackets that could be created and no limit on how high tax rates could be increased on individual taxpayers. And they heard you. The HEROES Act would expand Medicaid benefits for states, as well as subsidized healthcare costs, including those for furloughed workers and those relying on COBRA coverage. Think about how much money you’ve missed out on over the years? CDC acknowledges COVID-19 airborne transmission, voted to approve a trimmed-down $2.2 trillion version, stimulus checks and taxes are intertwined, how old you have to be to qualify for a check of your own, the Problem Solvers $1.5 trillion proposal. The moment you get your copy, you’ll have 91 of these proven tax loopholes at your fingertips…. Without EVER having to pay taxes on your initial investment! I am the author of The Biz: The Basic Business, legal, and Financial Aspects of the Film Industry, a popular book in its 4th edition, Taxation of the Entertainment Industry, and What They Don’t Teach You in Law School. Going from $48,000 to $100,000 in just ONE year. The HEROES Act would change the minimum age to 18 for qualified former foster youth, and would up the maximum age to under 66 (so, 65). 3) In the wake of the COVID-19 pandemic, now is the worst possible time for a massive tax increase. legislatively referred constitutional amendment, recently scheduled reports processed by Ballotpedia, Campaign finance requirements for Illinois ballot measures, University of Illinois Springfield Survey Research Office, Paul Simon Public Policy Institute at Southern Illinois University, Illinois gubernatorial and lieutenant gubernatorial election, 2018, Illinois Allow for Graduated Income Tax Amendment, Laws permitting noncitizens to vote in the United States, Click here for the Illinois State Board of Elections voting information page to ensure you have the most current information, Illinois Proposed Constitutional Amendment Guide, Vote No on Blank Check Amendment on Facebook, Vote No on Blank Check Amendment on Twitter, State and local government budgets, spending and finance‎, Petition drive deadlines and requirements, Changes in 2020 to laws governing the initiative process, https://ballotpedia.org/wiki/index.php?title=Illinois_Allow_for_Graduated_Income_Tax_Amendment_(2020)&oldid=8157128, Referred amendment certified for the 2020 ballot, Submit a photo, survey, video, conversation, or bio, Ballotpedia's Daily Presidential News Briefing, Yes to a Financially Responsible Illinois, 7.99% on net income instead of marginal rates, Greg Baise -