HAHAHAHA --- Illinois State Income Tax going up by 75%

[Cowlesy]

MUST FEED the BEAST.

http://chicago.cbslocal.com/2011/01/...than-expected/

SPRINGFIELD (AP) — Top Illinois Democrats have agreed to push a plan that would temporarily boost income taxes by 75 percent and double cigarette taxes, Senate President John Cullerton said Thursday.

Illinois’ personal income tax rate, now 3 percent, would climb to 5.25 percent for four years under the plan Cullerton outlined. After that, it would drop to 3.75 percent.That means someone who now owes $1,000 in state income taxes would owe $1,750 at the new rate, then $1,250 after four years.

Welcome to our New Yorker world, my Illinois friends!!

[coastie]

Wow. FL income tax rate: 0%

[Southron]

That's quite an increase and I bet they make it permanent before the 4 years are up.

I feel sorry for you all in the state of Chicago.

[amy31416]

Cowlesy is an angry New Yorker.

Hey, I hear you guys have a 1:1 ratio of therapists there to help you work through your bitterness.

[libertybrewcity]

it hasn't passed yet. republicans made some gains in the senate and legislature, too.

[klamath]

MUST FEED the BEAST.

http://chicago.cbslocal.com/2011/01/...than-expected/



Welcome to our New Yorker world, my Illinois friends!!

Chicago the next detroit. Business expansion for the south and mountain west.

[Krugerrand]

That's quite an increase and I bet they make it permanent before the 4 years are up.

I feel sorry for you all in the state of Chicago.

My first thought, also. That rate is never going down. Try to reduce it, and the DEMs there will accuse you of cutting taxes for the wealthy.

[Dreamofunity]

Wow. FL income tax rate: 0%

[Cowlesy]

Chicago the next detroit. Business expansion for the south and mountain west.

Just wait. Mission creep is inevitable.

[sailingaway]

It will still be less than California's.

[torchbearer]

Chicago the next detroit. Business expansion for the south and mountain west.

a trend for louisiana- businesses are consolidating all their operations to this state for the cheap labor. our cost of living is low, our standard wages are low.

[klamath]

Just wait. Mission creep is inevitable.

Yep. California used to be the golden place for business. Not anymore.

[driege]

$#@! ME. The raise I just got has just evaporated into thin air.

[noxagol]

YAY, I $#@!ing hate this state.

[amonasro]

Damn. I just heard about this. Corporate tax rate will go from 4.8 to 8.4%. The state owes $15 billion and refuses to cut a cent.

[VBRonPaulFan]

My first thought, also. That rate is never going down. Try to reduce it, and the DEMs there will accuse you of cutting taxes for the wealthy.

i love when liberals try to use that line on me, and i tell them 'well it'd be cutting taxes for the poor too - except they don't pay any'

[Kylie]

YAY, I $#@!ing hate this state.

Word.


This moves up my timeline to get the $#@! outta here. It's now. Not in two years.

[noxagol]

i love when liberals try to use that line on me, and i tell them 'well it'd be cutting taxes for the poor too - except they don't pay any'

I'm plenty poor and I still pay the state income tax, as well as federal tax. I don't understand how to not pay taxes for being poor. I'm confused.

[noxagol]

Word.


This moves up my timeline to get the $#@! outta here. It's now. Not in two years.

Wish I could afford to move.

[Acala]

Sorry for you Illinois folks. Some of the nicest people in the country live there and Chicago is a beautiful city. Well, at least you have strict gun control so there is no crime there!

[Kylie]

Wish I could afford to move.

Me too!


I think we are going to get the hell outta here regardless, but this does put one more nail in the coffin of this state.

If they would just split Chicago off into it's own state, then the rest of us down in the southern part of the state may have a chance.

I love the state, hate the government.

[Kregisen]

I wish all libertarians had their own state, like new hampshire or something small for all libertarians to accumulate to. I think you would find a state with the smallest taxes, smallest crime rates, wealthiest income per capita, etc.

[WorldonaString]

Yikes! My family is not going to be happy about this. . . Chicago's f***ups effect the entire state. . .

[Fredom101]

If you live in Illinois, vote with your feet and get the F out!

[jlaker]

I'm from Illinois and can't stand how our government operates here. Hopefully things can get turned around here for the better. If not, I'm ready to move somewhere warmer.

[noxagol]

I've been ready to move somewhere else for a while now. I do not like it here. I just want out. Alas, I cannot afford to move for a multitude of reasons.

[angelatc]

Just wait. Mission creep is inevitable.

"Creep" is also a problem the South is going to have. As people flee the rust belt, they're bringing their single-parent, welfare lovin' attitudes with them. It's easy to see why the Southerners don't care for the Northerners that move in.

[ghengis86]

Illinois tax hike good for Indiana- Daniels

"Folks in Illinois will eventually have to decide: Is this working well enough for us or do we want something different?" he said. "Point one of our anti-recession strategy here is to avoid doing what they've now decided to do."


"That's just borrowing by a different name. They've been borrowing from the poor businesses that are suckers enough to do business with the state," he said.




That's a pretty ballsy statement; maybe trying to stir up some attention and get himself in the media spotlight.

[DamianTV]

I really want to say something about Nevada not having a State Income Tax, but uh, well, really high gas prices compared to the rest of the nation, even higher than California in some spots, oh, and highest unemployment, highest foreclosures, highest budget defecit...

I have this strange feeling that we are about to see a State Income Tax here...

[klamath]

I really want to say something about Nevada not having a State Income Tax, but uh, well, really high gas prices compared to the rest of the nation, even higher than California in some spots, oh, and highest unemployment, highest foreclosures, highest budget defecit...

I have this strange feeling that we are about to see a State Income Tax here...

Las Vegas wrecked your decent political climate just like SF and LA wrecked California's.