Ted was on NBC 5 this week explaining why Illinois politicians will inevitably use the progressive tax to hit the middle class. He was interviewed for a news segment on IPI’s lawsuit against the misleading language on the progressive tax ballot.
Read more about the progressive income tax:
“Only the little people pay taxes”
Taxes are always paid by the residents of the area. Many taxes are indirect and are not called a tax. Raise the landlords property taxes and he raises rents. Same is true of all businesses, raise taxes and they raise prices to make up for the additional costs.
Illinois spending is completely out of control and has been for many years. Pensions have put Illinois in death spiral and it will die a long hard miserable death.
Your assessment has much merit. No taxpayer will be exempt from ( Directly or Indirectly ) the Illinois Fair Tax Amendment if approved.
Now that I’m leaving, I say let it die. The sooner the better.
What amazes me is the complicity of the media. The two simpletons on ABC at 4:30 thoughtlessly read what they are given. The political reporter on WLS radio spouts whatever the Democratic Party gives him to say as if he’ll be dropped from the contact list if he had a differing or original thought of his own.
ABC 7 is nothing but a mouthpiece for the Democrats. Dick Durbin’s daughter in law is an anchor. There are plenty of local and national ABC enployees who are strongly connected to the Dems. They are as far away from journalists as you can get.
The gazillionaires will just move everything(living, financial) to their other houses in FL, WI, just out of Buttcrack, and leave permanently. Then the state taxgrabbers will lower it to those making $100,00+, then that’s not enough and it won’t be because no government job cuts will occur, it will be for the poor middle class, as usual…and there will be nothing we can do about it. NO TAXTATION WITHOUT REPRESENTATION, LEGITIMATE REPRESENTATION!!!
The Illinois ‘Fair Tax’ is supposed to make Trump pay more in taxes!? That idiotic statement right there should kill the tax increase.
Since when does Trump live in Illinois?
They told Frerichs to stay out of it? What, is he Pritzger whipped? Note he only says he opposes a retirement income tax, he doesn’t deny it can’t be done.
When the stuff hots the fan the old usual excuse of Illinois voters ” it wasn’t explained properly” will be heard in unison as always.
The “fair tax” is case in point. This says it is going after the millionaires and billionaires of Illinois. A good portion of the billionaires in Illinois have the last name of Pritzker or share the same gene pool. There is no way they are going to let anyone delve into their pockets for money –it will go to the middle class who will have to do the heavy lifting. It is the small business who will fold up and run for the state boarder.
That’s right….the Pritzkers all have the vast majority of their income funneled into Caribbean Trusts and not only will they not pay the “FAIR” tax, they won’t pay any Illinois income tax….just like JB, MK, and all the little xyz’s.