need2hunt Posted January 14, 2011 Report Share Posted January 14, 2011 So Illinois passed an income tax hike which is equal to a 66% increase. So if you had $1,000 taken out of your check for the state in 2010, and you made the same amount in 2011 they will take out $1,666. They also increased the business tax as well. And of course as politics go our great governor has declared that he feels they are doing what's best for the people of illinois. Meanwhile the politicians from Wisconsin have come to Chicago to encourage businesses to head North to there state due to the new tax hikes, they just tend to leave out the part where their taxes are higher than ours even after the hike. Might start looking out of state for my next job. Quote Link to comment Share on other sites More sharing options...
dartonman Posted January 14, 2011 Report Share Posted January 14, 2011 And what really gets my goat Gary, is that Illinois will slide a " same sex union" agreement/marriage in Illinois with the tax bill, and no one seems to know about that one..........gotta love the sneaky govenor we have.......al Quote Link to comment Share on other sites More sharing options...
Ravin R10 man Posted January 14, 2011 Report Share Posted January 14, 2011 Come on up!! We'll make room for you AND your business!!:D Quote Link to comment Share on other sites More sharing options...
Jeramie Posted January 14, 2011 Report Share Posted January 14, 2011 I heard that on our local talk radio yesterday. Sadly it sounds like your state is going to lose some businesses pretty soon. Quote Link to comment Share on other sites More sharing options...
Newarcher Posted January 14, 2011 Report Share Posted January 14, 2011 The tax tax and tax mentality has really worked out for Michigan....don't see why it will not work out for IL as well ! I'd get out now why houses have an value left! I know someone who works for the IL Government, the stories she tells of the corruption are AMAZING. New Quote Link to comment Share on other sites More sharing options...
Newarcher Posted January 14, 2011 Report Share Posted January 14, 2011 p.s. You have to make due with less so that the Government doesn't have to. Kind of puts it in perspective, doesn't it? New Quote Link to comment Share on other sites More sharing options...
MUDRUNNER Posted January 14, 2011 Report Share Posted January 14, 2011 This really bothers me! I've been stewing on this ever since I heard about it a few days ago. Everytime I think about it I get more ticked. My wife just got her first raise in two years on Jan. 1 and guess where it's all going to end up....state taxes. We're not going to see any of it. It's going to cost us around an extra $1300 a year. We get stuck footing the bill for bad political decisions and a lack of budget that caused this deficit in the first place. When you live paycheck to paycheck $100 a month extra is a lot of money to fork over for taxes. We as employess are ultimately going to get stuck covering the corporate tax increase on top of that. My employer has already said they are dropping vision and dental insurance. Quote Link to comment Share on other sites More sharing options...
wtnhunt Posted January 14, 2011 Report Share Posted January 14, 2011 That is crazy Gary, sure don't understand what or how some of these politicians think. Pretty unfortunate that states mismanage so much and have to resort to telling their residents the only way out is to increase tax but that is all too common. No doubt corruption is there, probably goes somewhat hand in hand with the mismanagement. Solution to problems is simple in my opinion, toss the corrupt out of office and eliminate the dead weight, shame that is easier said than done. Amazes me how many known corrupt people there are who continue stay in office and continue to get re elected. Sales taxes here are high, near 10 percent in some places, fortunately we do not have a individual state income tax. Quote Link to comment Share on other sites More sharing options...
PotashRLS Posted January 14, 2011 Report Share Posted January 14, 2011 Come on up!! We'll make room for you AND your business!!:D Yep............our newly elected Republican Gov. Walker is already welcoming folks and business to Wisconsin. Come on up, we'd be happy to have ya. Heck, half ya come up here on the weekends anyway:D. No Bear fans though:nono: Quote Link to comment Share on other sites More sharing options...
Ravin R10 man Posted January 14, 2011 Report Share Posted January 14, 2011 Look what Ill.produced from the hometown of Chicago... a GREAT organizer!! http://my.barackobama.com/page/content/ofasplashflag/ Quote Link to comment Share on other sites More sharing options...
Newarcher Posted January 14, 2011 Report Share Posted January 14, 2011 (edited) You are paying for the ignorance and voting record of your neighbors. The US is paying for the ignorance and laziness of American voters. Had the Republicans not won in November do you understand that you'd be paying probably $3,000 in additional taxes due to credits from Bush expiring, tax rates adjusting up, etc.? Ask the average American how much they paid in income taxes last year and about half will say "nothing, I got a refund". MORONS. If the Average American had someone analyze their life and show them exactly how much they pay in taxes (income, payroll, Medicare, phones, gas (big one there), property, car tags, etc. etc. etc. each year, there would be a revolt. But the politicians know exactly how stupid people are and how if they hide the tax increase behind a morsel of a handout, they will have the votes they need for the bill. New Edited January 14, 2011 by Newarcher Quote Link to comment Share on other sites More sharing options...
jbeck Posted January 14, 2011 Report Share Posted January 14, 2011 we have it pretty good here, I'd hate to be in your shoes there. Hang in there if 10 percent is good enough for God why not the government Quote Link to comment Share on other sites More sharing options...
need2hunt Posted January 14, 2011 Author Report Share Posted January 14, 2011 My 14 year old daughter read this quote from our governor... "But obviously when you can't pay your bills and your bond ratings are going down and your providers aren't getting the money they need... you have to be man enough to realize that there comes a time in life where love alone can't pay the bills." ...and then asked me "What about all the people that are having a problem paying there bills now, what are they going to tell their bill collectors? Quote Link to comment Share on other sites More sharing options...
Newarcher Posted January 14, 2011 Report Share Posted January 14, 2011 My 14 year old daughter read this quote from our governor... "But obviously when you can't pay your bills and your bond ratings are going down and your providers aren't getting the money they need... you have to be man enough to realize that there comes a time in life where love alone can't pay the bills." ...and then asked me "What about all the people that are having a problem paying there bills now, what are they going to tell their bill collectors? Reminds me of the time we were visiting my uncle who was a dyed and true union rat type. Love him, hate his love for unions. He had been out of work for some astronomical amount of time (maybe a year and a half) and was railing on GM's management and that the union would eventually save him and call him back to work. At a ripe old age of 7 or 8 I asked him "why don't you just go get another job?". Crickets chirped for a long time. I hate unions...if they are sooooo great and so wonderful for the worker and the community, wouldn't the great northeast be the most prosperous area in the entire US? You'd think. New Quote Link to comment Share on other sites More sharing options...
RangerClay Posted January 14, 2011 Report Share Posted January 14, 2011 no bear fans though:nono: lmko! :d:d Quote Link to comment Share on other sites More sharing options...
RangerClay Posted January 14, 2011 Report Share Posted January 14, 2011 No Bear fans though:nono: LMKO! Now that is funny! Quote Link to comment Share on other sites More sharing options...
wtnhunt Posted January 14, 2011 Report Share Posted January 14, 2011 My 14 year old daughter read this quote from our governor... "But obviously when you can't pay your bills and your bond ratings are going down and your providers aren't getting the money they need... you have to be man enough to realize that there comes a time in life where love alone can't pay the bills." ...and then asked me "What about all the people that are having a problem paying there bills now, what are they going to tell their bill collectors? Your daughter gets it Gary, the politicians don't. Quote Link to comment Share on other sites More sharing options...
stevebeilgard Posted January 14, 2011 Report Share Posted January 14, 2011 get out now. you have to notice that no one suggested any tightening of the goverment or it's budget. liberals tax & spend. it's simply what they do. as more folks move out of state, the taxes will go up. just look at ANY democrat state and compare it with ANY conservative state. then you be the judge. that's the good news. now for the reeeal bad news. this new congress is not going to do any state bailouts.... you know, the $15 billion illinois needs, the 22 billion new york needs, the 28 billion california needs. this will certainly be an interesting year. Quote Link to comment Share on other sites More sharing options...
need2hunt Posted January 14, 2011 Author Report Share Posted January 14, 2011 you know, the $15 billion illinois needs Yep Illinois figures the new tax will bring in 6.8 BILLION dollars a year to help them get back on track... they said it should only take 4 years to hopefully make up the extra 15 billion they owe... genius. Quote Link to comment Share on other sites More sharing options...
wtnhunt Posted January 15, 2011 Report Share Posted January 15, 2011 Yep Illinois figures the new tax will bring in 6.8 BILLION dollars a year to help them get back on track... they said it should only take 4 years to hopefully make up the extra 15 billion they owe... genius. 6.8x4=15. I am no genius, but something there sure isn't adding up Gary. Quote Link to comment Share on other sites More sharing options...
Strut10 Posted January 15, 2011 Report Share Posted January 15, 2011 Might start looking out of state for my next job. I think you won't be the only one. My guess is that Wisconsin, Iowa, Indiana and Missouri are going to see a mass influx of Illionois folks and businesses. They don't mention the recent Maryland tax increases on "the wealthy". I'm not sure of the exact numbers. But the increase was supposed to net a gain of +/- $350 million into the state's coffers. The actual end result was a net loss in revenues to the state of +/- $170 million. Reagan was right. The libs will never learn. Quote Link to comment Share on other sites More sharing options...
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