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  1. #1 Bankrupt Illinois Slams Citizens with 32% Income Tax Hike, More to Come 
    Senior Member Banacek's Avatar
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    As the state of Illinois edges near becoming the first U.S. state to ever be rated junk bond status, the Democrat-controlled legislature of the bankrupt state of Illinois has just voted to slam its citizens with a hefty 32 percent hike in state income taxes.

    After a series of delays, as a legislature obviously embarrassed by its own actions dithered, the State House finally approved of the Senate’s override of the governor’s veto with a 71-42 vote, burdening the state with a massive income tax hike. It was a vote that saw ten of the state’s Republican contingent abandon Republican values and join the Democrats in approval.

    Thursday’s vote permanently increases the state’s personal income tax rate from 3.75 percent to 4.95 percent. It also raises the burden on businesses, raising the rate from 5.9 percent to seven. It all amounts to a 32 percent hike for the average Illinoisan and a $5 billion tax hike overall.

    The new tax hike is all the more galling because Illinois already has the highest property taxes in the nation, a fact that often forces retirees out of their homes to flee to other states. This is also a situation not lost on the state’s black American population, either. Illinois is witnessing a growing number of its African-American citizens moving out of the state, with Chicago and Cook County residents leaving at the fastest rate
    http://www.breitbart.com/big-governm...tax-hike-come/
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  2. #2  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    The state will soon be as empty as the heads of the politicians that run it, this will drive down revenue fast!
    Pffffffffffffffffffffff! Buh Bye Big Ears
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  3. #3  
    Senior Member Angry Old White Man's Avatar
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    Got some real ox-ford educated managers in that state, I guess we could say at least they didn't ask the rest of America to bail their sorry ass out of their self made mess. Shocking, liberals can't do the math, I see a mass exodus of welfare bums moving to greener pastures,
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  4. #4  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    Quote Originally Posted by Angry Old White Man View Post
    I see a mass exodus of welfare bums moving to greener pastures,
    Yes our pastures and they are already overgrazed, we need to send Chicago more ammunition.
    Pffffffffffffffffffffff! Buh Bye Big Ears
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  5. #5  
    Senior Member SVPete's Avatar
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    I hope Texas and similarly situated states send IL a thank-you card.
    I support UNexit: Get the US out of the UN; Get the UN out of the US!

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  6. #6  
    Moderator RobJohnson's Avatar
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    When I moved away from IL the tax rate was 3%.

    This chart shows an interesting history of the state tax in IL.

    http://www.revenue.state.il.us/TaxRa...PriorYears.htm
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  7. #7  
    Administrator SaintLouieWoman's Avatar
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    Don't forget their sky high taxes on gas. Growing up in St Louis, I knew that most of the folks from Illinois who lived "across the river" (Mississippi) always bought gas before heading home. For all that gas tax money, their roads sure weren't that first class.
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  8. #8  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    Quote Originally Posted by SaintLouieWoman View Post
    Don't forget their sky high taxes on gas. Growing up in St Louis, I knew that most of the folks from Illinois who lived "across the river" (Mississippi) always bought gas before heading home. For all that gas tax money, their roads sure weren't that first class.
    If it is like Oklahoma they claim these taxes will be used for roads and then when they get the measures passed they divert the money to schools and teachers unions, I'm sick of it.
    Pffffffffffffffffffffff! Buh Bye Big Ears
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