Draining Illinois

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.


Math is not fake news.
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.
yeah, I read that. They couldn't manage the money before, so we'll get even more of it and mismanage that too!

I have no sympathy for Illinois.
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.


Math is not fake news.

Exactly. The 93 million Americans who die every day from gun violence according to the Virginia governor can attest to that.
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.


Math is not fake news.

Exactly. The 93 million Americans who die every day from gun violence according to the Virginia governor can attest to that.


Does that figure include all 57 states and an untipped over Guam?
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.


Math is not fake news.

Exactly. The 93 million Americans who die every day from gun violence according to the Virginia governor can attest to that.


Does that figure include all 57 states and an untipped over Guam?

It does not, but it doesn't take into account the $2500 in medical premiums that every American family saved from Obamacare, either.
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.


Math is not fake news.

Exactly. The 93 million Americans who die every day from gun violence according to the Virginia governor can attest to that.


Does that figure include all 57 states and an untipped over Guam?

It does not, but it doesn't take into account the $2500 in medical premiums that every American family saved from Obamacare, either.


My $2500 reduction has not kicked in?

Am I a sucker?
 
Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.


Math is not fake news.

Exactly. The 93 million Americans who die every day from gun violence according to the Virginia governor can attest to that.


Does that figure include all 57 states and an untipped over Guam?

It does not, but it doesn't take into account the $2500 in medical premiums that every American family saved from Obamacare, either.


My $2500 reduction has not kicked in?

Am I a sucker?

The Obamacare architect, Jonathan Gruber, certainly thinks so.

 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.
yeah, I read that. They couldn't manage the money before, so we'll get even more of it and mismanage that too!

I have no sympathy for Illinois.


It will be different this time?
 
It's not 1.2, but 32% increase, from the article-

Now that Illinois politicians have whomped us with their $5 billion, 32 percent tax increase, you can bet that more middle class taxpayers than ever are seriously considering leaving this crazy state.

1.2% increase isn't the end of the world, but you're already living in Illinois. There is no need for the state legislature to pile on an insult to the residents' ongoing injury of having to live in Illinois.

Illinois income tax increase calculator: How much will it cost you?

With the help of a group of Republican lawmakers, the House overrode Gov. Bruce Rauner's veto to pass a budget for the first time in two years. The spending plan involves a $5 billion hike in income taxes: It raises the individual rate to 4.95 percent from 3.75 percent and the corporate rate to 7 percent from 5.25 percent.

It's an increase from 3.75% to 4.95%. That is a 1.2% increase in raw percentage or 120 basis points.

It's a 32% increase like an increase from 1% to 2% would be a 100% increase or double.
yeah, I read that. They couldn't manage the money before, so we'll get even more of it and mismanage that too!

I have no sympathy for Illinois.


It will be different this time?
It won't. They will just go deeper into debt.
 
Go where?

Indiana is the only surrounding state that has a lower income tax rate.

Unfortunately, what Illinois lacks in high-end income taxes, it makes up for in sky-high property taxes.

Hey... maybe becoming a dumb-ass Hoosier isn't such a dumb idea, after all.

Come to Texas baby! We got room for y'all!

In recent years Illinois leads the nation in people leaving vs people entering, and businesses too. And in the % higher income earners leaving vs lower income earners coming in. Who in their right mind would want to start a business in Illinois? I would bet the rent that by this time next year we'll find out that Illinois isn't going to get nearly the amount of additional revenue they said they would from this tax increase, but the amount of unpaid bills will increase and so will the amount of unfunded pension liabilities. This isn't the only state with fiscal issues and not all of them are blue states either, but raising taxes without spending reductions does not work.
 
You would have to be a complete sucker to stay. Life's purpose, let some idiot politician take your money. No thanks...
 
You would have to be a complete sucker to stay. Life's purpose, let some idiot politician take your money. No thanks...
You may be right... unless you've got a great deal of both close and extended family living there... in which case, leaving can be a little tough, eh?
 
You would have to be a complete sucker to stay. Life's purpose, let some idiot politician take your money. No thanks...
You may be right... unless you've got a great deal of both close and extended family living there... in which case, leaving can be a little tough, eh?

Do you have a family of suckers? How did you let that happen?
 

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