Indiana drops corporate tax rate as Illinois considers increasing it – Illinois Policy

Imposing progressive taxes would drop Illinois from 36th to 48th in the nation for its business tax climate, a Tax Foundation analysis found in 2019.
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Poor Taxpayer
5 years ago

Out migration is going to increase at an increasing rate.
Kiss Illinois good bye, best day of your life.

someone
5 years ago

Good Ole Illinois you can always count on them for taking more money out of the wallets of the Illinois citizens.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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