Now that the Illinois legislature has finally agreed on a budget (after going without one for two years), the result is...MORE TAXES! Beginning almost immediately (withholding), the personal income tax rate will increase 32%, and the corporate tax rate by 33%. The budget deficit is currently $15B, and the new taxes will only raise an additional $5B. On top of that is an underfunded state pension liability of at least $1.8T (trillion). Maybe Bob Stoops can afford to move there, but I wonder how many normal people can continue to live there. Wonder if @koppe22 is still lovin' Chicago?
Any Cat Fans in Illinois Jumping Ship?
- Thread starter StillPurple
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