Since I am retired, and collecting pensions, taxing retirement income will force us to leave the state (we are still here because of my wife’s medical situation, as all of her doctors are here, and she is physically not able to travel; besides, we like our town and neighborhood, which is about 45 minutes west of Chicago).
we could be neighbors.
not much left to tax.
the last RAT proposal included increasing the Income Tax rate to 4.95%.
The RATs ultimate goal is to get rid of the fixed rate income tax and replace it with progressive tax bracket rates.
Illinois has no solutions...