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$123 Billion: Surtax on Investment Income (Takes effect Jan. 2013): A new, 3.8 percent surtax on investment income earned in households making at least #250,000 ($200,000 single). This would result in the following top tax rates on investment income:       *Other unearned income includes (for surtax purposes) gross income from interest, annuities, royalties, net rents, and passive income

SPRINGFIELD, IL – State Sen. Dave Syverson (R-Rockford) offered the following comments after Governor Pat Quinn’s annual Budget Address on March 26. “In 2010, my Republican colleagues and I warned that the Governor’s tax increase would never be used to pay bills or reduce our long-term debts and that the 67 percent income tax on individuals would never be temporary.

SPRINGFIELD, IL – As part of the annual Illinois Pork Producers Association (IPPA) Legislative Day, hundreds of pork and cattle producers descended on the State Capitol on March 25. A key part of that day is recognizing and honoring their 2014 IPPA family of the year. This year, Gerald and Nancy Hartmann of Maple Park were selected as 2014 ‘Family

SPRINGFIELD, IL – Illinois lawmakers are notorious for regulating and requiring continuing education for professions from doctors, lawyers, bankers, realtors to barbers even – hair braiding – but they fall woefully short, when it comes to imposing educational standards on themselves, according to State Sen. Dave Syverson (R-Rockford). “Public perception of elected officials is at an all-time low due to

SPRINGFIELD, IL – State Senators Kirk Dillard (R-Hinsdale) and Dave Syverson (R-Rockford) are cautioning Illinois citizens 55 and older about the possibility their assets could be claimed by the state if they opt in to the Medicaid program as allowed under the expanded Obamacare income guidelines. “We need to make it very clear to those who are eligible for Medicaid

SPRINGFIELD– State Senator Dave Syverson (R-Rockford) called a delay in Governor Pat Quinn’s annual Budget Message to late March a “sham” to continue to push off bad news about Illinois’ critical financial problems. The Senate Wednesday voted to move Quinn’s address from February 19 to March 26. Syverson says Quinn’s move is purely political, and will make the job of

Senator Dave Syverson (R-Rockford) was a guest on WTVO in Rockford Thursday to discuss Governor Pat Quinn’s State of the State address. Click the photo below to watch.

SPRINGFIELD– State Senator Dave Syverson (R-Rockford) released the following statement Wednesday following Governor Pat Quinn’s annual State of the State address, saying Quinn should put more focus on governing: “Pat Quinn became Governor of our state exactly five years ago today. He has had ample time to implement his economic agenda and plans to make Illinois a better state. Unfortunately,

Senator says he has concerns about bill, but it protects retirees and taxpayers SPRINGFIELD– State Senator Dave Syverson (R-Rockford) says pension legislation passed in the Senate Tuesday was a crucial first step in reforming the state’s critically underfunded pension systems. Syverson supported Senate Bill 1, which passed the Senate 30-24 and the House 62-53.  The legislation is expected to save

State Senator Dave Syverson (R-Rockford) testified on behalf of two local residents nominated to top state posts Tuesday.  Syverson spoke on behalf of Earl Dotson, Jr. of Roscoe, nominated to the Illinois Tollway Board. He also testified in support of Earl Hernandez of Rockford to the State Police Merit Board.