Posted on 09/25/2020 4:35:14 AM PDT by AT7Saluki
Illinois taxpayers, who already have one of the nations highest total tax burdens, could see a 20% income tax hike if voters dont approve of Gov. J.B. Pritzkers fair tax constitutional amendment in November.
Lt. Gov. Juliana Stratton said on a conference call Thursday that the state would have to raise income taxes by $4 billion, more than the income tax amendment would have brought in before the Pritzker administrations shutdown orders ground the states economy to a crawl amid the pandemic.
To adequately address the budget crisis under our current tax system, lawmakers will be forced to consider raising income taxes on all Illinois residents by at least 20% regardless of their level of income, she said. We all know that our middle and low-income families cannot withstand a 20% tax increase and it will only serve to deepen the dramatic inequities that we already see across the state.
(Excerpt) Read more at thecentersquare.com ...
Your sales tax is ridiculously high. Quite frankly Florida is the best tax state.
Rule of thumb: The nicer a name a bill is given the worse it is.
Example: any bill with “Fair” in the title, will have grossly unfair provisions in the full text...
NEVER!!!
The solution is ALWAYS raise taxes, never cut expenses!
...Your sales tax is ridiculously high.
True, 9.75% here, but by living... simply
It can easily be mitigated
And at least the state pays it’s bills.
They never address the stupid spending or deal with the pension issues. They always have new, expensive pet projects and always need increased taxes to justify it all. They arent even worried about junk bond status, because theres always someone left in the state to tax more. If property is abandoned, the state takes that over and sells it to another person to then pay taxes, so money enters government coffers several ways when that happens.
Its a beautiful racket that all liberal-run states adore.
Sales taxes are paid by everyone, including visitors and criminals with unreported income.
Income tax is paid only by people with enough reportable income to get beyond deductions and exemptions. In other words, its only on the backs of those already working their butts off.
True. Although I believe Florida does as well. DeSantis has done great work so far. It will be interesting to see how next year goes with our tourism in shatters.
How about a slight edit?
To adequately address the budget crisis under our current tax system, lawmakers will be forced to consider cutting spending by at least 20% regardless of the political impact of the recipients level of whining...
I wonder if they considered REDUCING SPENDING????
The problem is under funded pension plans for government workers which are untouchable per the Illinois State Constitution.
L
Install a pension cap of 50,000 dollars per year for all state and municipal employees. Co pay their golden parachute health plans with 2500 fees.
They cant. The Illinois Constitution says pensions can not be touched.
L
“There is a fix though, expel Cook County/Chicago and make it pay for its own sins! Then listen to its screams!”
Sounds good to me. Many of us who live outside of Chicago and Cook County would love to see Chicago/Cook excised from the state.
What is hidden in this proposal, besides a higher tax rate, is the elimination of the legislators to get taxpayer approval for any future tax hikes.
Sinister, yes?
The actual thought of reducing spending just NEVER occurs to them, does it???
What they shouldnt do under any circumstance is approve a constitutional amendment for a permanent tax. Especially when the word Fair is part of it. And especially when theyre going to such lengths to scare people into voting for it.
The inevitable results of a de facto one-party “progressive” state.
In a de facto one-party Progressive state, with that state and that one party in a symbiotic self-protection pact, there is no brake on government, nothing the people can rely on to prevent corruption, corruption by total political partisanship in all that the government does. Government is turned into a machine to protect the party that runs it, with that being the prime objective, turned into the prime directives of that government.
Lawmakers will be forced to consider 20% tax hike if voters nix graduated tax amendment
Will lawmakers be forced to consider a 20% reduction in government?
Dearest Illinois citizens: If you move out of your corrupt state, leave your LIBERALISM/SOCIALISM behind. Thank you! (Signed) Citizens of states you are moving to!!
Dearest Citizens of other states/nations:
If you move INTO our corrupt state, please ALSO leave your LIBERALISM/SOCIALISM behind. We are tired of having NON-Illinois natives like Jesse Jackson (born and raised in South Carolina), Danny Davis (born and raised in Arkansas), Bobby Rush (born and raised in Georgia), Barack Obama (Hawaii? Kenya? Indonesia?) Tammy Duckworth (born & raised in Thailand), Raja Krishnamoorthi (born and raised in India), J.B. Pritzker (born and raised in California), etc., etc., coming here and inflicting their socialist “vision” on our state. Things were much better here in the 1980s, when ACTUAL Illinoisans were in charge of our state.
Thank you! (Signed)
Lifelong Illinois Residents now suffering under the policies of transplanted commies from other places.
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