I'm thinking that this is not the Fair Tax I'm looking for ...
In spite of DECADES of Democratic rule of the Illinois Legislature, the easily seen “cause and effect” appears to elude the voters. One party rule by the ‘D’s results in rewarding THEIR VOTER BASE with budget-busting contracts. Floating bonds to make future taxpayers pay these rewards = free money then.
Now these payments have come home to roost and that means taxes must be raised. What a surprise! There is a fix though, expel Cook County/Chicago and make it pay for its own sins! Then listen to its screams!
I wonder if they considered REDUCING SPENDING????
What can the citizens of Illinois realistically do? Theyre screwed.
All options only hit reportable income earners.
All illegal crime proceeds, welfare recipients, tax dodgers and people sitting at home not working PAY NOTHING.
What kind of perverse incentive is that for a states income?
Illinois should issue state “script” only usable at state sponsored stores. State employees and pensioner should be paid in script. State grocery stores will only sell whole foods and not junk, sugar and pre processed foods.
VERY glad I live in E. Tenn.
One of most fiscally responsible states in the union
To the North, Kentucky, not so much...
To adequately address the budget crisis under our current tax system...
When I hear BS like that it makes me crazy. Dont they understand the difference between income and expenses?
Oh, I know its all semantics combined with Marxism...but its idiotic none the less.
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...
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.
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...
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???
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!!