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Thursday, January 13, 2011

States Going Bankrupt - Illinois Increase Income Tax

Illinois, home to corrupt Chicago style politics and a 9.6% unemployment rate, recently voted to raise individual state income tax 66%. This means an annual increase of $800 per year for a person making a $40,000 annual salary.

Additionally the Corporate Tax rate was raised 45%. Illinois currently has over 80 Billion in unfunded pensions - the unions at work again destroying this country state by state.

Indiana is stoked. They'll get more business as people and companies leave Illinois.

What is it about creating jobs that the democrats don't get? Look at the video below. Note the Voting board where you can see that there were 2 state legislators abstaining and 6 not voting. ARE YOU KIDDIN' ME!

Well after all this is what then Illinois senator Barack Obama did - not vote or take a position that is. Yep, Chicago style politics,....worse than South Texas.

1 comment:

  1. Yup - that's ridiculous. There running all their businesses out of the State.