High taxes and business surcharges are hurting Illinois residents

August 24, 2023 | Chicago Tribune

"We must ask this question regarding all the taxes and fees we pay: What are we getting for our tax dollars? A 2021 report by Truth in Accounting, a government finance watchdog group, ranked Illinois 48th in the country in terms of fiscal health; only New Jersey and Connecticut were worse."

Enactment of Local Accountability Measure Shows North Carolina is a Model for More Than Tax Reform

August 17, 2023 | Americans For Tax Reform

"Over the past decade, reforms enacted in North Carolina have made the state a national trendsetter in tax reform, school choice, and spending restraint. The most recent reform enacted in North Carolina could make the state a model for reining in profligate and irresponsible local governments."

Biden administration coming for middle-class money, not billionaires’ wealth

August 17, 2023 | Fox 40 Jackson

"Editor’s note: This essay is adapted from the new, New York Times bestselling book, “You Will Own Nothing:Your War with a New Financial World Order and How to Fight Back” by Carol Roth.  

While the Biden administration and others on the far left like to talk about the billionaires and ultra-wealthy paying their “fair share,” the proposals that they put forth always seem to focus on keeping the middle class struggling."

Dallas Is a Financial ‘Sinkhole,’ Study Says

August 14, 2023 | Dallas Express

"The City of Dallas is a financial “Sinkhole City,” according to a report by Truth in Accounting.

The analysis, conducted earlier this year, examined the financial condition of 75 cities across the U.S. based on budget figures from the 2021 fiscal year. Cities were ranked based on their “Taxpayer Burden” or “Taxpayer Surplus.”

Illinois taxpayer spending way up, says new report

August 9, 2023 | Advantage News

"A new report from the Illinois Commission on Government Forecasting Accountability shows a dramatic increase of overall taxpayer spending over the past six years."


Some question reality of Illinois’ budget surplus

July 25, 2023 | The Center Square

"(The Center Square) – Gov. J.B. Pritzker has been touting Illinois' budget surplus for the fiscal year that just ended. However, some financial analysts believe a surplus is impossible for the state."

Questions about costs surround Pritzker's United Kingdom trip

July 25, 2023 | Daily Journal

"As Gov. J.B. Pritzker and business leaders across the state travel to the United Kingdom for a business trade mission, some have questioned the state of business at home and taxpayer costs involved in the trip."

Update: Financial Data Transparency Act

June 29, 2023

At Truth in Accounting, we dedicated considerable time and effort to discussing, writing, and promoting the Financial Data Transparency Act. Our goal was to enlighten you about its potential to enhance transparency in government financial reporting. More transparency leads to better accountability and efficiency, and we are delighted to announce the act was successfully passed in late December 2022.

Public Finance Spotlight: Truth in Accounting

June 14, 2023

"Continuing my series spotlighting my favorite sources on public finance data and policy, today I’m looking at Truth in Accounting."

The 50 States Racked Up $1.2 Trillion in Debts

June 6, 2023 | Kilgore News Herald

"More than two-thirds of U.S. states do not have enough cash to pay their bills, and all 50 states hold a collective $1.2 trillion in debt, according to a concerning report from Truth in Accounting, an organization that seeks to educate people with transparent government financial information."

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