SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
James Seagrove
locogringo
From: isopatch9/30/2017 2:59:30 PM
2 Recommendations   of 1577114
 
Massive exodus from dark blue states and cities is just getting started. As taxes and corruption scandals continue to spiral higher watch for total annual number leaving to spiral higher, as well.

Iso

<Fed-up Illinois homeowners consider moving: 'It’s not just the property taxes on my home; it’s all of them

'(Stacey Wescott / Chicago Tribune)

Gail Marks Jarvis and Corilyn Shropshire

Contact Reporters

September 29, 2017

(excerpted)

Even after watching Hurricane Irma wreak havoc on Florida, Rik Mallin is sticking to his plan.

Mallin is fixing up his Villa Park home so that he can sell it, move to the Florida Panhandle and escape Illinois’ rising taxes.

“I’m getting out,” said Mallin, 67. “It’s not just the property taxes on my home; it’s all of them.” He figures his taxes in Florida, where there is no personal income tax, will be about a quarter of what he’s paying now.

Mallin’s not the only one leaving the state. In 2016, Illinois lost 37,508 people, putting the state’s population at its lowest level in nearly a decade, according to U.S. census data. It was the third consecutive year the state lost more residents than any other state. The state’s population count for 2017 won’t be released until December.

Some of those who are leaving Illinois say they’re frustrated with their tax burden and the state’s financial situation. After going more than two years without a budget, Illinois lawmakers passed a spending plan over the summer, one that involved a 32 percent income tax hike for residents. The state is still digging itself out of the financial disarray that accumulated during the budget impasse. A Forbes listing of the best and worst states for taxes in 2016, before the tax hike, ranked Illinois 46th, signifying a heavier tax burden.>

chicagotribune.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext