Friday, January 7, 2011

Illinois Democrats want people to leave

I can only assume that Illinois Democrats want more people to vacate the state.
Why would I believe that?
They are proposing to increase personal income taxes by 75%, cigarette taxes by more than 100%, and eliminate the homeowner tax deduction in favor of a rebate check.
So, why not allow a tax deduction for property taxes instead of a rebate check?
Either way, the state holds your money until you file.
I can only guess that the check will be for a fixed amount that shorts those with more expensive properties and everyone can have their rebate amount reduced or canceled with greater ease and speed.
Now, to be fair, the personal tax rate in Illinois is only 3% and the new "temporary" tax rate will be 5..25% where the (temporary) rate in the People's Republik of Kalifornia is 9.5% (max) and likely to stay there or go higher if Governor Ichabod Brown has his way.
Be that as it may, increasing taxes by the percentages they propose will enrage the people (especially the greedy, selfish Democrats that want everyone but them to pay more).
Many are likely to follow those before them that voted with their feet and went elsewhere.
As many in Illinois say: "Good luck having those rates go down on the future!"

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