Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ChicagoConservative27

Surprised by WGN also!
One thing Illinios does have is they don’t tax pension income, but I still would not retire there.


4 posted on 03/21/2024 7:59:32 AM PDT by jaydubya2
[ Post Reply | Private Reply | To 1 | View Replies ]


To: jaydubya2
"...they don’t tax pension income..." Indeed, IL doesn't tax any Social Security or RMD income. Two years ago they tried to change the state constitution to allow different tax rates on marginal income.

It didn't pass, mostly because we believed that they would use it to start adding income taxes to retirement income. Believe it or not, some of us don't trust the politicians.

6 posted on 03/21/2024 8:23:11 AM PDT by budj ( href)
[ Post Reply | Private Reply | To 4 | View Replies ]

To: jaydubya2

“One thing, Illinois, does not have is they don’t tax pension income, but I still would not retire there.”

My wife has a few relatives still living in Illinois.

The retired ones will probably bail if their pensions are taxed.


10 posted on 03/21/2024 8:41:41 AM PDT by Grampa Dave ((“Surrender often means wisely accommodating to what is beyond our control.” — Sylvia Boorstein.))
[ Post Reply | Private Reply | To 4 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson