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Illinois Department of Revenue Director David Harris, a former Republican state lawmaker from Arlington Heights, sponsored House Bill 3055 in 2017. The bill would have imposed a tax on retirement income over $75,000 for those under 65 and on income over $100,000 for those over 65.
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Expect no retraction or apology. This what they do.
One of the reasons I left was there is little doubt retirement income will be taxed. Combine that with the Joe Biden 43% cap gains and dividend tax and you won’t have any money left.
This continuing idea of an IL. retirement tax could be used against Pigster , if brought up to all the government employees unions that support the democratic party in Illinois. I presume this is why the article was wrote in the first place. But I also know , it has always been a “dead-letter” issue, same as in past IL.gov admins. . Do you think the leaders of the Democratic Party in Illinois would ever “honestly” propose/push to tax their base? Please note, the primary bases of the US Democratic Party are Illinois and California. Where was Obama from? Hilliary?… Read more »
Isn’t David Harris the traitorous, slime-ball Madigan bootlick RINO who voted FOR the last round of income tax hikes over Governor Rauner’s Veto? it was a clear quid-pro-quo bribe from Madigan for Harris’s vote in exchange for his current +$150K/year State job? RINO vermin like this are partially why Illinois is a mess.
I always laugh when I see who is/was allowed into the IL Republican party. Betty Loren-Maltese? Donald Stephens? Kirk Dillard? David Harris? The bar needs to be set a little higher.
JB doesn’t have an honest bone in his oversized body. Taxing retirement is definitely on his wish list, and the so called fair tax is the only way he can do it.