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Valued Social Butterfly
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Re: Illinois Slams Citizens with 32% Income Tax Hike

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Message 11 of 17

@nctarheel wrote:

@jimc91 wrote:

READ MORE HERE:  

 

 

READ MORE HERE????

 

READ MORE HERE????

 

Is the fact that this article is the spawn of BRIETBART NEWS require that an attribution be hidden from a reader's view????

 

Brietbart's reputation as a racist, misogynist, xenophobic platform for the ALT-RIGHT calls into question the validity of ANYTHING written by ANY of their "reporters".

 

I wouldn't believe a word of anything generated by BRIETBART.


This time, what Breitbart posted (the increase and the amount of it) is a fact.  Some of the rest of the article is the writer's opinion.  What they didn't bother to report is that Illinois raised their income tax rate in 2011 to 5.0%.  It had a "sunset clause" that went into effect in 2016 lowering the rate back to 3.75%. So, in effect, this is extending this tax increase.  The biggest problem appears to be an underfunded pension plan that was decades in the making.

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Valued Social Butterfly
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Re: Illinois Slams Citizens with 32% Income Tax Hike

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Message 12 of 17

@jimc91 wrote:

READ MORE HERE:  

 

 

READ MORE HERE????

 

READ MORE HERE????

 

Is the fact that this article is the spawn of BRIETBART NEWS require that an attribution be hidden from a reader's view????

 

Brietbart's reputation as a racist, misogynist, xenophobic platform for the ALT-RIGHT calls into question the validity of ANYTHING written by ANY of their "reporters".

 

I wouldn't believe a word of anything generated by BRIETBART.

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Valued Social Butterfly
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Re: Illinois Slams Citizens with 32% Income Tax Hike

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Message 13 of 17

@jimc91 wrote:

Bankrupt Illinois Slams Citizens with 32% Income Tax Hike, More to Come

 

 

Tax and spend...  Dems have no plan, no new ideas, no leadership and no clue of what the citizens want from their government.

 

 

 


Another in the daily string of inane absurdities.  It's simple.  You want it...you pay for it...somewhere, sometime, somehow!  The politicians live off the idea that someone else will pay for the stuff they peddle for a vote. 

 

I wonder if Party HQ sent this latest version of canned commentary by express mail or maybe it is page 666 of the RRR playbook handed out at the local Trump rally.  'The donald' still insists Mexico will pay for that wall.  I saw that on the evil media this morning.  See....inane absurdities are the 'name of the game'.  Still wanna play?

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Trusted Social Butterfly
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Illinois Slams Citizens with 32% Income Tax Hike

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Message 14 of 17

Update

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Trusted Social Butterfly
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Illinois Slams Citizens with 32% Income Tax Hike

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Message 15 of 17

Update

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Re: Illinois Slams Citizens with 32% Income Tax Hike

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Message 16 of 17

I am sorry, but the budget crisis has been decades in the making and has been exasperated by short term vs long term thinking.  Also, in the 20+ years it has taken to get this bad, both Republicans and Democrats have been in power.

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Illinois Slams Citizens with 32% Income Tax Hike

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Message 17 of 17

Bankrupt Illinois Slams Citizens with 32% Income Tax Hike, More to Come

 
 
 
 
 
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.

 

On Thursday, Illinois Democratic House leader Michael Madigan only needed three Republicans to jump ship and vote his way, but not only did he get a whopping ten to do so, he also got five others who didn’t even bother to vote. An additional five joined him in the early rounds of deliberations, so Democrat Madigan knew he had the Republican votes going into the matter.

 

READ MORE HERE:  

 

++++++++++++++++++++++++++++++++++++++

 

Tax and spend...  Dems have no plan, no new ideas, no leadership and no clue of what the citizens want from their government.

 

 

 

VIMTSTL
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