Illinois Passes 66% Increase on State Income Tax
 

http://www.businessinsider.com/illinois-tax-hike-2011-1

:foottap

Re: Illinois Passes 66% Increase on State Income T
 

But it IS only temporary! Just like the 3 cent tax on all wired communication designed to fund the Spanish-American war........

Re: Illinois Passes 66% Increase on State Income T
 

The rate increase might be the biggest any state has adopted in percentage terms while grappling with recent economic woes. Nevertheless, Illinois' tax rate would remain lower than in several other states in the region.

The increase now goes to Democratic Gov. Pat Quinn, who supports the plan to temporarily raise the personal tax rate to 5 percent, a two-thirds increase from the current 3 percent rate. Corporate taxes also would climb as part of the effort to close a budget hole that could hit $15 billion this year.

Re: Illinois Passes 66% Increase on State Income T
 

Re: Illinois Passes 66% Increase on State Income T
 

It's true. You eventually run out of other peoples money.

Re: Illinois Passes 66% Increase on State Income T
 

Move to Tennessee - there is NO state income tax.

Re: Illinois Passes 66% Increase on State Income T
 

As long as it is someone elses money, and that other person committed the ultimate insult by actually making more and having more than you, then it is all good!

Re: Illinois Passes 66% Increase on State Income T
 

Texas doesn't have one either, at least for the time being...

Re: Illinois Passes 66% Increase on State Income T
 

socialists!

Re: Illinois Passes 66% Increase on State Income T
 

I saw the same thing Randy, what a farce that the Dems play!