rushmc 23 #1 January 12, 2011 QuoteIllinois Lawmakers Approve 66% Tax Hike http://chicago.cbslocal.com/2011/01/12/illinois-lawmakers-approve-66-tax-hike/ The beginning of another state loosing (more) business and revenue"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Butters 0 #2 January 12, 2011 QuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ..."That looks dangerous." Leopold Stotch Quote Share this post Link to post Share on other sites
rushmc 23 #3 January 12, 2011 QuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... Read the article See what the business increases are"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Butters 0 #4 January 12, 2011 QuoteQuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... Read the article See what the business increases are I read it and believe that the media (and you) are focusing on 66% because it is more sensational than 2% ... As far as the business increases, they're less than the personal increases. QuoteThe tax hike will be coupled with strict 2 percent limits on spending growth. If officials spend above those limits, the tax increase will automatically be canceled. The plan’s supporters warned that rising pension and health care costs probably will eat up all the spending allowed by the caps, forcing cuts in other areas of government. I feel this paragraph is more important because other countries have shown and or are showing the problems with raising taxes to pay rising pension and health care costs while cutting other areas of the government ..."That looks dangerous." Leopold Stotch Quote Share this post Link to post Share on other sites
lawrocket 3 #5 January 12, 2011 QuoteThe plan’s supporters warned that rising pension and health care costs probably will eat up all the spending allowed by the caps, forcing cuts in other areas of government. Yep. This is the Ponzi scheme of government benefits. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
popsjumper 2 #6 January 12, 2011 Well, at least the story had some bottom-line truth in it... "We’re saying to the people of Illinois, ‘For eight years we’ve overspent, now we’re going to make it your problem,”‘ said Rep. Roger Eddy (R-Hutsonville.) “We’re making up for our mistakes on your back.”My reality and yours are quite different. I think we're all Bozos on this bus. Falcon5232, SCS8170, SCSA353, POPS9398, DS239 Quote Share this post Link to post Share on other sites
marks2065 0 #7 January 12, 2011 QuoteQuoteQuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... Read the article See what the business increases are I read it and believe that the media (and you) are focusing on 66% because it is more sensational than 2% ... As far as the business increases, they're less than the personal increases. QuoteThe tax hike will be coupled with strict 2 percent limits on spending growth. If officials spend above those limits, the tax increase will automatically be canceled. The plan’s supporters warned that rising pension and health care costs probably will eat up all the spending allowed by the caps, forcing cuts in other areas of government. I feel this paragraph is more important because other countries have shown and or are showing the problems with raising taxes to pay rising pension and health care costs while cutting other areas of the government ... this will increase unemployment in Illinois. The companies that employ thousands of people that can move out of state will because the cost savings will pay for the move. Illinois is already one of the least freindly states to corporations and now is going to be worse. It will be like new jersy and oregon that raised taxes on the wealthy and lost revenue due to them moving to another place. Quote Share this post Link to post Share on other sites
kelpdiver 2 #8 January 12, 2011 QuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... but it's more accurate than to say "taxes went up 2%," the measured understatement. Quote Share this post Link to post Share on other sites
rehmwa 2 #9 January 12, 2011 QuoteQuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... but it's more accurate than to say "taxes went up 2%," the measured understatement. I had that exact discussion with a school official about an education tax levy - they would only quote the fractional percent number and absolutely refused to provide the actual dollars change from before to after or the proportional increase of the school budget itself - after the question was asked 4 times over 3 days. And the fractional number was specifically quoted as part of the total property tax increase and they wouldn't separate out the non-school portion specifically (so the increase was diluted by including fire, admin, police portions) so we could actually see how many dollars MORE they were actually shooting for. they were slimy/slippery about it and kept trying to digress to the emotional justification ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
kallend 2,150 #10 January 13, 2011 QuoteQuoteIllinois Lawmakers Approve 66% Tax Hike http://chicago.cbslocal.com/2011/01/12/illinois-lawmakers-approve-66-tax-hike/ The beginning of another state loosing (more) business and revenue Yep, I expect Boeing and Kraft Foods will relocate to Ames, IA..... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
rushmc 23 #11 January 13, 2011 QuoteQuoteQuoteIllinois Lawmakers Approve 66% Tax Hike http://chicago.cbslocal.com/2011/01/12/illinois-lawmakers-approve-66-tax-hike/ The beginning of another state loosing (more) business and revenue Yep, I expect Boeing and Kraft Foods will relocate to Ames, IA.. Ya and what About a 6k increase in your income taxes I would expect you would pay it gladly"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
kallend 2,150 #12 January 13, 2011 QuoteQuoteQuoteQuoteIllinois Lawmakers Approve 66% Tax Hike http://chicago.cbslocal.com/2011/01/12/illinois-lawmakers-approve-66-tax-hike/ The beginning of another state loosing (more) business and revenue Yep, I expect Boeing and Kraft Foods will relocate to Ames, IA.. Ya and what About a 6k increase in your income taxes I would expect you would pay it gladly That's what it takes to have decent schools, roads, and other services. It's about time our politicians grew a pair and brought revenues in line with expenditures instead of borrowing from our children and grandchildren. I'm sure there are some short-sighted morons among the voting population who will object.... The only sure way to survive a canopy collision is not to have one. Quote Share this post Link to post Share on other sites
popsjumper 2 #13 January 13, 2011 QuoteIt's about time our politicians grew a pair and brought revenues in line with expenditures instead of borrowing from our children and grandchildren. I'm sure there are some short-sighted morons among the voting population who will object. Un-freakin-believable. Again...read it and weep. Now tell me again about your short-sighted morons. Quote"We’re saying to the people of Illinois, ‘For eight years we’ve overspent, now we’re going to make it your problem,”‘ said Rep. Roger Eddy (R-Hutsonville.) “We’re making up for our mistakes on your back.” How about if, instead of raising taxes, your champions reduce spending? Fiscal responsibility and all that.My reality and yours are quite different. I think we're all Bozos on this bus. Falcon5232, SCS8170, SCSA353, POPS9398, DS239 Quote Share this post Link to post Share on other sites
popsjumper 2 #14 January 13, 2011 QuoteQuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... but it's more accurate than to say "taxes went up 2%," the measured understatement. If my taxes went from $1500 to $2500, I'd want to know what branch of mathmatics says that is a 2% OR a 3-5% increase.My reality and yours are quite different. I think we're all Bozos on this bus. Falcon5232, SCS8170, SCSA353, POPS9398, DS239 Quote Share this post Link to post Share on other sites
billvon 3,120 #15 January 13, 2011 >How about if, instead of raising taxes, your champions reduce spending? And they'll spend the next six months squabbling like children and getting nothing done - just as happens here. Hopefully an adult will come along and say "kids, we have to do both - and each of you has to work with the other." Quote Share this post Link to post Share on other sites
rhaig 0 #16 January 13, 2011 QuoteQuoteQuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... but it's more accurate than to say "taxes went up 2%," the measured understatement. If my taxes went from $1500 to $2500, I'd want to know what branch of mathmatics says that is a 2% OR a 3-5% increase. That branch would be simple percentages. (5th grade?) if your income is 50000/year, 1% of your income is 500. 3% is 1500. 5% is 2500.-- Rob Quote Share this post Link to post Share on other sites
Butters 0 #17 January 13, 2011 QuoteQuoteQuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... but it's more accurate than to say "taxes went up 2%," the measured understatement. If my taxes went from $1500 to $2500, I'd want to know what branch of mathmatics says that is a 2% OR a 3-5% increase. 1] You make $50,000 a year and your taxes went up 66%, how much more do you owe per year? 2] You make $50,000 a year and your taxes went up 2%, how much more do you owe per year?"That looks dangerous." Leopold Stotch Quote Share this post Link to post Share on other sites
rushmc 23 #18 January 13, 2011 QuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... I guess it must be a sensationalistic right wing Chicago paper making false claims"America will never be destroyed from the outside, if we falter and lose our freedoms, it will be because we destroyed ourselves." Abraham Lincoln Quote Share this post Link to post Share on other sites
Butters 0 #19 January 13, 2011 QuoteQuoteQuoteQuoteQuoteThe hike increases the state’s personal income tax rate from 3 percent to 5 percent. I believe stating a 66% increase is a lot more sensational than stating a rise from 3% to 5% ... but it's more accurate than to say "taxes went up 2%," the measured understatement. If my taxes went from $1500 to $2500, I'd want to know what branch of mathmatics says that is a 2% OR a 3-5% increase. 1] You make $50,000 a year and your taxes increased by 66%, how much more do you owe per year? 2] You make $50,000 a year and your taxes increased 2%, from 3% to 5%, how much more do you owe per year? Editing my prior post because I worded it poorly."That looks dangerous." Leopold Stotch Quote Share this post Link to post Share on other sites
