Illinois residents are paying 10.2 percent of their income in state and local taxes, the 13th highest of the 50 states, according to a comprehensive study released today.
Do you think Illinois is better off than it was 4 years ago?
Is Illinois better off in 2014 than it was four years ago? In 2010 we pored over a virtual library of statistics to assess where Illinois stood relative to other states and produced a chart much like this one. Today we replicate that exercise as closely as the data permit, with comparisons to Illinois’ national stature in 2010. By economic and jobs measures, Illinois has fallen further. By some education metrics, Illinois has improved. Our kids are still chubby.
He surprised no one when he warned of massive teacher layoffs, property tax increases and even “victims of rape left without proper care” if lawmakers allow the individual income tax to roll back from 5 percent to 3.75 percent as scheduled.
Quinn, that is, surprised no one. He offered no fundamental changes in how Illinois spends or does business — no remedies for the distressed status quo. In his sixth budget address — this one for the fiscal year that begins July 1 — the governor instead said he wants to make permanent the income tax increase that he and his Democratic Party allies insisted would be “temporary.”
That’s the problem with Springfield. This state’s leaders, having volunteered a promise to the people of Illinois, have reached their difficult day of reckoning: They no longer can paper over Illinois’ stagnant economy and financially dysfunctional state government. They’re face to face with their law’s imminent rollback of their marquee, feed-the-beast, 67 percent personal income tax hike of 2011. The tax increase that was supposed to solve so many of the state’s problems but didn’t.
Property Tax Pledge Rhetoric Doesn’t Match the Reality:
In an effort to soften the blow of his broken promise to keep the income tax hike temporary, Pat Quinn tore a page from his old failed playbook by proposing a $500 property tax rebate for homeowners, but even that promise is already being exposed as insufficient […]
Learn all about Pat Quinn’s broken promises and please share:
As Pat Quinn prepares to deliver an election year budget speech, Illinois voters should be wary of anything that comes out of the governor’s mouth. His governorship has been full of broken promises and failure. Voters beware, below are a just a few examples[…]