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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: Elroy who wrote (403570)1/12/2011 4:20:59 AM
From: Bearcatbob  Read Replies (1) | Respond to of 793999
 
Good question. We have a good friend from college who lives outside of Chicago. One evening we were comparing taxes. While some were lower - some were higher in Ill. I figured then it was about the same - only done differently. However it is done - it is a huge increase from their baseline.

It will be interesting to watch the various states deal with their financial problems.



To: Elroy who wrote (403570)1/12/2011 4:34:52 AM
From: LindyBill1 Recommendation  Read Replies (2) | Respond to of 793999
 
California has very low property taxes, due to the Jarvis law. Illinois has very high property taxes. As someone else mentioned to you, look at the total tax.



To: Elroy who wrote (403570)1/12/2011 7:13:13 AM
From: Sully-1 Recommendation  Read Replies (1) | Respond to of 793999
 
IL personal taxes will be up 67%. Corporate taxes will be the highest in the industrialized world. Spending will increase dramatically this year with a 2% cap on spending GROWTH thereafter.

Zero republicans voted for the increases.

And a new legislature will be sworn in today.

news.yahoo.com