Swordsmyth
10-24-2017, 08:50 PM
The Illinois legislature is in recess right now. Other than disbanding the body, that's the best place for them.
When they return, they are going after your pocketbook in the form a gas tax hike. Not to be outdone, Chicago Mayor Rahm Emanuel is pondering property tax hikes.
In July, the State legislature overrode Governor Rauner's veto and passed the largest tax hike in history. The hike raised the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.
With those hikes, households making about $100,000 will pay an additional $1,200 in taxes each year (https://www.illinoispolicy.org/illinois-senate-democrats-pass-5-4b-tax-increase/?gclid=Cj0KCQjwybvPBRDBARIsAA7T2kjwKqNfCnWJBzFb6B0 eq2ZaHXyjKR2jCMRSKiYHcXn0Hsj5YovfVXsaAtWCEALw_wcB) .
But that was not enough. It never will be.
Today, the Illinois Policy Institute CEO John Tillman emailed, "The Illinois General Assembly will be back in session next week. And guess what? They’re already talking about raising your taxes again. This time, they’re discussing increasing gas taxes. Lawmakers haven’t released specific numbers yet, but talks have ranged anywhere from an additional $0.05 to $0.30 a gallon."
Tax Hikes in Chicago
The Chicago Sun Times reports Chicagoans face another property tax increase in 2020 (https://chicago.suntimes.com/news/chicagoans-face-another-property-tax-hike-in-2020-mayoral-aide-says/).
More at: http://www.zerohedge.com/news/2017-10-24/illinois-eyes-30-cent-gas-tax-hike-chicago-faces-yet-another-property-tax-hike
When they return, they are going after your pocketbook in the form a gas tax hike. Not to be outdone, Chicago Mayor Rahm Emanuel is pondering property tax hikes.
In July, the State legislature overrode Governor Rauner's veto and passed the largest tax hike in history. The hike raised the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.
With those hikes, households making about $100,000 will pay an additional $1,200 in taxes each year (https://www.illinoispolicy.org/illinois-senate-democrats-pass-5-4b-tax-increase/?gclid=Cj0KCQjwybvPBRDBARIsAA7T2kjwKqNfCnWJBzFb6B0 eq2ZaHXyjKR2jCMRSKiYHcXn0Hsj5YovfVXsaAtWCEALw_wcB) .
But that was not enough. It never will be.
Today, the Illinois Policy Institute CEO John Tillman emailed, "The Illinois General Assembly will be back in session next week. And guess what? They’re already talking about raising your taxes again. This time, they’re discussing increasing gas taxes. Lawmakers haven’t released specific numbers yet, but talks have ranged anywhere from an additional $0.05 to $0.30 a gallon."
Tax Hikes in Chicago
The Chicago Sun Times reports Chicagoans face another property tax increase in 2020 (https://chicago.suntimes.com/news/chicagoans-face-another-property-tax-hike-in-2020-mayoral-aide-says/).
More at: http://www.zerohedge.com/news/2017-10-24/illinois-eyes-30-cent-gas-tax-hike-chicago-faces-yet-another-property-tax-hike