Jim Dey: "Like famous felon Willie Sutton — he said banks were where the money was — (Gov. JB) Pritzker knows where the big-time tax revenue is. But blocked politically — for now — from raising income-tax rates, he’s been forced to play small ball with those looking for something for nothing."
Tax them until their morale improves and their purses are empty. – King John
Wally
1 year ago
The residents leaving IL are probably not gamblers, smokers, drinkers, or weed users. They’re leaving because they value their money and probably don’t pay many vice taxes. So those who stay behind and pay enormous property and other taxes as well as vice taxes are the suckers the politicians depend on. And, when the vice taxes keep increasing, they pay anyway. So, another reason Pritzker doesn’t care about losing population, they’re not paying up.
God help us all if they start raising income tax. That $53.1B budget would balloon to $90B or $100B within a decade of passage. The other day I showed that other similarly sized states, particular Ohio, had a budget $10B less than our budget, and is over all much better run. Springfield wouldn’t use hardly any of the money to pay down pensions, they’d just be handing out the money to Democrat voting blocs, and it would be spent at the liquor stores and cannabis shops.
They prey on residents with extremely high or no thresholds of pain. For example, the residents paying $10K in PTs would wince if their PTs doubled in five years but would readily cut the check.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Tax them until their morale improves and their purses are empty. – King John
The residents leaving IL are probably not gamblers, smokers, drinkers, or weed users. They’re leaving because they value their money and probably don’t pay many vice taxes. So those who stay behind and pay enormous property and other taxes as well as vice taxes are the suckers the politicians depend on. And, when the vice taxes keep increasing, they pay anyway. So, another reason Pritzker doesn’t care about losing population, they’re not paying up.
hy
hye
God help us all if they start raising income tax. That $53.1B budget would balloon to $90B or $100B within a decade of passage. The other day I showed that other similarly sized states, particular Ohio, had a budget $10B less than our budget, and is over all much better run. Springfield wouldn’t use hardly any of the money to pay down pensions, they’d just be handing out the money to Democrat voting blocs, and it would be spent at the liquor stores and cannabis shops.
They prey on residents with extremely high or no thresholds of pain. For example, the residents paying $10K in PTs would wince if their PTs doubled in five years but would readily cut the check.
Prostitution anyone?
Taxing abortions would be a cash cow for revenue.
Just $1 s trick, all the rest is tip income that will not be taxed .