IL state income taxes to go up 75%?!?!?!?!?!

Quote from BSAM:

But, with states like Illinois, California, New York, going rogue on its citizens, I'm starting to wonder which is the greater threat to the Union.:confused: :eek: :confused: Illegals out of Mexico or some of these thugs in state legislatures?
More...

I was disappointed we, not me, elected Hickenlooper Gov. of Colorado. I voted Libertarian, Tancredo. Hickenlooper wanted to take every homeless person off the street, modeled, after Philly, at the tune of $100k per person! As a former social worker, that is outrageous. Hell you can get by here on 30k if you had to, but as we all know you can't just dispense money and services, it will be abused. So you have to hire people to administer programs and that costs $$$.

I just go back from Kalifornia, none of my friends or relatives are happy with the status quo, but when asked why they voted Jer Bear, they ripped Whitman a new one. I said ok, but she has run one of the word's most successful business what did Jer Bear do before?
 
They did just the opposite. Quinn and Co. got pay raises as high as 20%

http://capitolfax.com/2010/07/12/the-complete-utter-hypocrisy-of-the-quinn-pay-raises/

Quote from dandxg:

I believe, leaders should lead by example. Want to hike taxes. Take a pay cut first Gov, Pres, etc. Cut pay for public union workers, which is what has happened recently in the private sector. If they are so quick to spread the wealth they should be equally willing to accept the pain.
More...
 
Quote from BSAM:

All you people who live in Illinois, please state the reason you refuse to leave.
More...

wife's family lives all around and she doesn't want to leave them (she also has a good job downtown she doesn't want to leave)

wish i could move back to texas though
 
Basically the same reason but I could work from anywhere in the world but having to move out of state? Shit, I hated moving 20 minutes away the last time I bought a house. I'm dying here. This tax is just temporary after all, right? Right? I remember something about the tollroads being temporary in Illinois back in the 70's. Sure glad they got rid of those :p

Quote from dumb_mother:

wife's family lives all around and she doesn't want to leave them (she also has a good job downtown she doesn't want to leave)

wish i could move back to texas though
More...
 
Didn't it just go from 3% to 5%? Lot of states already pay 4%+ so looks like IL tax rate needed to be higher anyway, especially since they're spending like drunken sailors....but then so are the other 49 states.

I say about time states started nailing the middle class with tax increases. Maybe now the middle class will start fighting back and demand budget cuts rather than more social spending since it will actually come with a cost to the middle class rather than trying to force the rich to pay for the additional spending.
 
Quote from huh:

Didn't it just go from 3% to 5%? Lot of states already pay 4%+ so looks like IL tax rate needed to be higher anyway, especially since they're spending like drunken sailors....but then so are the other 49 states.

I say about time states started nailing the middle class with tax increases. Maybe now the middle class will start fighting back and demand budget cuts rather than more social spending since it will actually come with a cost to the middle class rather than trying to force the rich to pay for the additional spending.
More...

You are forgetting the big picture. As Mav pointed out, sales tax is north of 11% and prop taxes are 3%.

In Denver, prop taxes are 1%, and income/corp is flat 5%, and sales tax is approx 8.25% depending on city.
 
Taxes in general are a shell game... guess the cup with the ball.
They are broke, sitting around coming up with new baffling and ingenious mechanisms to bleed their citizens while living high on the hog with fat cat pensions.

Income tax is up to 5%.
Chicago Sales tax is 10.25
Chicago cigarette tax $4.66 / pack
Property Tax downtown condo $12k
Gasoline tax $0.25 / gallon
Bottled Water tax $0.05 / bottle

Bare in mind most of these taxes are paid from post tax dollars.. meaning they are short 25% to 40% depending on your tax bracket.

http://www.cityofchicago.org/city/en/depts/rev/supp_info/tax_list.html

City of Chicago Tax List

Amusement Tax - (7510)
Applies to owners, managers, or operators of amusements or of venues where amusements are being held, and resellers or tickets for amusements.



Amusement Tax - Subscribers to Paid Television Programing - (7511)
Applies to businesses who subscribe to paid programming in Chicago whose providers do not collect the 9% Amusement Tax.



Boat Mooring Tax - (7560)
Applies to the mooring or docking of any watercraft for a fee in or on a harbor, river or other body of water within the corporate limits or jurisdiction of the city.



Bottled Water Tax - (1904, 1904IN)
Applies to the retail sale of bottled water in the City at a rate of $0.05 per bottle of water.



Gas Use Tax - (7574)
Applies to businesses who purchase gas from sellers who are not subject to either Distributor or Reseller Occupation Taxes.



Cigarette Tax - (7506)
Applies to wholesale cigarette dealers.



Electricity Infrastructure Maintenance Fee - (7576)
The Electricity IMF is imposed on electricity deliverers as compensation for using public rights of way in the City of Chicago.



Electricity Use Tax -(7578)
Applies to the privilege of using or consuming electricity acquired in a purchase at retail and used or consumed within the corporate limits of the city. Those granted reseller status by the Department should file form 7578A.



Emergency Telephone System Surcharge - Landline - (2908)
Applies to businesses that supply network telephone numbers that are billed to a Chicago address.



Emergency Telephone System Surcharge - Wireless - (2906)
Applies to businesses that supply wireless telephone numbers that are billed to a Chicago address.



Employers' Expense Tax - (7540)
Applies to businesses that employ at least 50 employees that perform at least 50% of their work in Chicago.



Foreign Fire Insurance Tax - (7505)
Applies to businesses not incorporated in Illinois that provide fire or other types of insurance to Chicago dwellings.



Fountain Soft Drink Tax - (7590)
Applies to businesses that sell soft drink syrup to retailers located in Chicago.



Ground Transportation Tax - (7595)
Applies to businesses that provide ground transportation vehicles for hire for any sort of consideration.



Hotel Accommodations Tax - (7520)
Applies to businesses that rent or lease hotel accommodations.



Liquor Tax - (7573)
Applies to businesses that sell alcoholic beverages, who must collect and remit taxes to the city.



MPEA Airport Departure Tax - (8500)
Applies to businesses that provide ground transportation for hire to passengers departing from a Chicago airport.



Motor Vehicle Lessor Tax - (7575)
Applies to businesses engaged in leasing motor vehicles.



Non-Retail Transfer of Motor Vehicles Tax - (8405)
Applies to the non-retail purchase of motor vehicles.



Occupation Tax -Natural Gas Distributor and Reseller - (7571)
Applies to businesses engaged in distributing, supplying, furnishing, or selling natural gas.



Parking Tax - (7530)
Applies to businesses that operate parking lots, which must collect from customers and remit to the Department.



Personal Property Lease Transaction Tax - (7550)
Applies to businesses or individuals that either are a lessor or lessee of personal property used in Chicago.



Real Property Transfer Tax - (7551)
Applies to businesses that transfer a title to real property located in Chicago.



Restaurant Tax - (7525)
Applies to all places for eating.



Telecommunications Tax - (7501)
Applies to telecommunication retailers for all gross charges.



Tire Fee - (BA94)
The Tire Fee applies to the retail sale of new tires at a rate of $1.00 per tire.



Use Tax for Non-Titled Personal Property - (8402B, 8402CO, 8402IN, 8403)
Applies to purchases of non-titled tangible personal property outside of Chicago for use inside Chicago.



Use Tax for Titled Personal Property - (8400, 8400R)
Applies to purchases of titled tangible personal property outside of Chicago for use inside Chicago.



Vehicle Fuel Tax - (7577)
Applies to the sale of fuel to a retailer
 
Quote from dandxg:

You are forgetting the big picture. As Mav pointed out, sales tax is north of 11% and prop taxes are 3%.

In Denver, prop taxes are 1%, and income/corp is flat 5%, and sales tax is approx 8.25% depending on city.
More...

11% sales tax...fuck me thats bad....but I guess my point is that all the states have gotten into this spending mess because they promised all these additional benefits to the middle class for almost free and so of course the politicians promising free shit keep getting voted in. Until the middle class start feeling the pain they are not going to stop voting in these financially retarded candidates.

If you have a 1000 people in a town and a candidate promises to build a brand new state of the art library and its not going to cost a dime to 900 of those people or cost a tiny amount because the other 100 people will pay for it....how do you think the 900 people getting it for free are gonna vote?

Taxes suck but until we reach a point where the cost of that library starts to hit enough of those 900 people I'm afraid its just gonna be higher taxes and higher spending.
 
Quote from kinggyppo:

that cigarette tax blows my mind $4.66 unreal, talk about a sin tax. What does a pack of cigarettes at a bar cost these days 8 bucks?
More...

That's stupid because its so high it invites smuggling, big time.
 
You must log in or register to reply here.
Back
Top