Illinois Is Now Nearly Doubling Its Income Tax

[DowJones16WB]

Governor Pat Quinn of Illinois gave hundreds of millions of dollars of tax breaks to Sears and what did Sears do Sears is planning on ( shutting down ) closing hundreds of stores.Either Pat Quinn got played or Governor Pat Quinn is running a street hustle.The people who will be layoff there tax dollars are paying for Sears tax cuts.

[timothy6487944]

As soon as i read that i knew we were doomed and mean while our surrounding states are lowering theyre taxes so they can possibly pick up the businesses that leave Il

[judutchinski]

Not good. This is some of the most SHTF news I've heard in a while. People are going to be bleeding. I can't imagine these people can sustain this event at this point in time. The optimist would say "Oh well, they'll just die off quietly and then the system will be fixed in due time." Wow. Poor incentive program for the real estate market. kkkkkkkkkkkkkk.

[gomogi1]

Well said. I'd move to Wisconsin. 

[magiccat12]

I can't wait to get out of this state. In my profession, you need to be licensed in the state you practice in, so unfortunately I have some hoops to jump through to get out.

[JustAnotherDisguise]

It's very interesting how I'm listening to Alex Jones with Gerald Celente talking about the 62% hike which has now passed and the fact of everything that's going on in your state like this is going to turn it into Detriot. No state is perfect, here in NJ a lawmaker is trying to pass the requirement for license plates on all bicycles!!! I'm financially prepared with precious metals but at this rate I almost want to move to Mexico or further down south!

[castlev1986]

It ends when you move out of IL.

[Maxwedge12000]

Awe quit your whining and be thankful the noblemen allowed you to keep any of your income.

[ab330]

1. The highest-paid public school teacher in Illinois is a physical education teacher making $191,124 per year. 2. Six of the top 12 highest-paid high school teachers in Illinois teach physical education, each making $170,000 or more. 3. Six state employees teaching driver education make $150,000 or more. 4. Six high school teachers make more than the Illinois Governor's salary of $177,500.5. 14,048 Illinois high school teachers made $100,000 or more in 2010, up 13% over last year.

[FreedomForYouAndMe]

@ab330

Where is your source on this??? Great info, I would like to read more...

Thanks

Dan

[ab330]

@FreedomForYouAndMe

championnews search on teachers or salaries

[ab330]

can't believe the Illinois tax payers are not out in the streets rioting .. it is an outrage that spending is not addressed....

[wurlytone]

Welp, I'm unemployed, in foreclosure & broke. Now this? I'm done. Fuck this greedy world. Sick of this bullshit. See yas on the other side.

[mja2035]

The states have to go bankrupt. They have to break the corrupt union contracts and pensions. Things are not going to get better. You might want to consider moving and let your employees know about your YouTube channel.

[mrpatience2007]

move idiot

[wmesser5]

I know what you mean I was flipping houses and that stopped then took over my dads 40 yr old roofing bisness and if it werent for his old customers i dont know what would happen. It is not good here 14% unemployment it just getting crazy and if the gas goes to $4 to $5 a gallon.

[awakeAznAmerican73]

I do not agree on what you said about europeans being less civilized than americans. For one thing.. they(europeans) are more aware on what goes on in the united states than the average mindcontrolled american. What is keeping people here in the united states from going totally bonkers is QE2, and unemployment benefits, social security, etc etc. If these are reduced, I believe things here will be alot worse with millions of gun loving americans around

[centervilletn]

look at how people acted on black friday...now imagine how those same people will act when they are hungry and cold....the government underestimates what the sheeple are capable of...and mix in a few pretty well armed intellegent people and a couple of chrismatic leaders and half the country would be ablaze in 12 hrs. and every 2 bit alderman will have a rope around their neck and be hanging from lamp post.....its frightening to see where this is going...

[asymthought]

@centervilletn The government hasn't underestimated the sheeple; why do you think they have NorthCom, several battalions on home soil, foreign troops training here, civillian inmate programs; military agreements between America, Canada and Mexico to support each other in case of civil strife; ray guns, sound cannons, surveillance drones and a number of other things. No it was the sheeple who completely underestimated, and now they're in a corral ready to be culled.

[petsatcom]

Scale back the DMV,

Get rid of auto inspection stickers,

Scale back cops hiding under bridges get them out doing productive work fixing the roads.

Scale the courts back pestering citizens over minor traffic violations

LOOK FOR NO PRODUCTIVE STATE ACTIVITIES TO CANCEL.

LIFE WAS FINE BEFORE WE HAD THESE PARASITES.

[NovusChaoMundi]

It makes no sense to comply anymore

[InterestingBoredom]

I'll see your income tax hike and raise you Cap and Tax. A board of unelected bureaucrats just imposed Cap and Tax on the state of CA. Businesses will be hit first, then the costs passed onto every remaining working person who has to pay their own way. Will be watching this and the standoff between the unions and Governor Moonbeam from afar.

[mallardhead]

LOL! I was wondering why I'm seeing so damned many Illinois license plates in my burg in south Texas...

[AndyMH182]

It's all for the sake of the unions.

A major issue we need to support is the abolishment of public sector unions. Don't let unions live like parasites off of the taxpayer. Private unions are fine, but not when they can leech off of tax revenue.

[asymthought]

@AndyMH182 says It's all for the sake of the unions.

The engineered attack upon America, and humanity isn't issuing from unions, nor publc service employees, nor public pensions, although these may all be symptomatic of the greater problem.The devastation and world calamity is a direct result of the super super wealthy waging war against the masses; and the human masses complying and complicit in their enslavnent and bondage. It's all for the sake of the New World Order Not the unions.

[AndyMH182]

@asymthought

What a load of mystical bullshit. "waging war against the masses", "New World Order". It's a spending problem, that's all. It's a corruption problem, that's all.

There is no huge conspiracy you nut.

[asymthought]

@AndyMH182 Ah yes, and you are entitled to remain in your state of blindness, and no doubt it is far more comforting than the terrible truth; which clearly you are not equipped to face. I used to make packets of info and sources, for those in denial, to gently ram it down their throats; but now I see why bother. When they do see it, they still aren't functional and don't know what to do.

[AndyMH182]

@asymthought

Yea, and you're propagandized by alex jones and other conspiracy nuts because it's so much more interesting to add a layer of fantasy onto what is going on.

The people in power happened to be rigging the system to make a ton of money. Wallstreet, the banks, and the unions all working together to capture the government for shortsighted gains. There is no conspiracy you nut. It's that simple.

[asymthought]

@AndyMH182 I'm not going to enter into extensive debate, because if you can't SEE it now, you're probably not going to ever see it. Further stop scapegoating onto Alex Jones; I had the capacity to go to gov track and read the entire John Warner Defense Act all by myself, and S510 and others. I also have the capacity to connect the dots and pattern identification, something which clearly you don't. Let's move it along, because you're not going to convince me, nor I you.

[mja2035]

@AndyMH182 Totally agree, abolish the public sector unions. I hope you have a nice day.

[FrekeOne]

In Denmark gas is 9$ a gallon, income tax 40-50%, corporate tax 25%.

Tax on EVERYTHING You buy: 25%. Tax on new cars: 180%

This is nearly enough to run the country. Crazy. But modern societies are expencive to run like Americans are finding out. The dept some countries have is very bad. Good luck!

[testar2]

The Venus Project anyone?! That would get rid of the money problem, and most of the problems we face today, but to few knows anything about it. With "VP" we would take giant technological steps forward(!). But instead of thinking that "VP" would be much better than the systems (monetary and so on) we have, and have tried, so far. Please educate youself about the Venus Project, it would be best for YOU and for anyone you know. For everyone.

[mookixox]

@testar2 I can't endorse ANY project that relies on technologies that don't even exist to be a staple of their guide. Robots that do ALL the work and can fix each other automatically? Give me a break...

[testar2]

@mookixox. No, robots cant do everything. But most things. Monetary system is not a great, or even a good, system, because almost everthing that is created is NOT created out of the best materia there is. The companys cant afford it. Because of competition AND the "product" isn't suposed to hold very long... Believe me, I do not try to make people join a "sect" or anything like that. This, I believe, IS the best for us, its no hocus pocus. Read about it and see for yourself.

[mookixox]

@testar2 Even a society that believes advanced robots can do 'most things' as you put it, is a pipe dream that most rational people cannot get behind. You have to prove the technology works first or else you might as well be talking about magic unicorns. It would take the entire planet to sign on to make it work, and I don't think you guys could manage to get Detroit Michigan to agree to this project let alone planet earth. Has TVP proven this plan to work on even a MICRO community scale?

[SCLARK2112]

Vote with your feet! 2 years ago I used to live in Tennessee & made the mistake of moving to Missouri. While I really like my current home and got it for a song, the taxes here are much worse than TN. Tennessee is an excellent state for low taxes and low electric rates. No car stickers, no state income tax and super low real estate taxes. In fact, the only serious tax I remember was the 7% sales tax. I'm currently looking for another home in Tennessee & high Missouri taxes are the ONLY REASON.

[texture6]

California vehicle registration is crazy too last year I paid $211.00 just to register my vehicle this year might be the same. The state is still broke ???

[grippygrip]

I saw where the corporate tax goes from 4.8% to 8.4%. Unreal...leave the state if you can.

[Herbalpagan]

death by a thousand cuts is what it's called. nickle and dime you to death. I don't trust the promises, I'm preparing to be able to take care of myself. I saw this coming years ago and we sold our house and moved to where we can garden keep small animals and be self reliant. Now it looks like the next stage will be the kids moving back in because of the high cost of living. We better get used to it.

[tsiemens]

i'M fairly certain its far worse in Canada - politicians never know when to stop taxing.... there will be a financial collapse all over north america and then those who caused this mess will offer a solution

[ketch33]

Keep your head up my friend. We are all going through this together.

[elanapetrovich]

Governor Rick Scott just took office in Florida. He is pro business and is expected to take measures in this area to increase jobs here. We will see. Florida may be an option for you.

[johnboysrevenge]

@elanapetrovich In Florida where I live, we hope for the best but prep for the worst. Can Gov. Scott turn things around? I'm not expecting much. Reps. & Dems. are two heads of the same monster - Big Government. My humble opinion is to close up shop and move to a pro-business state with better prospects and opportunities. We need to vote with our labor and reshape this country one family at a time. God Bless! Keep stacking!

[lizadfuel]

Pensions are draining the coffers of local, state and federal governments.

[CentrlFlagrl]

Another meeting with Obama & The Chamber Of Commerce? About the only thing they have in common is they are both against e-verify and push for cheap labor.

[CentrlFlagrl]

I'm in Florida, although we have warm weather, the construction industry is in bad shape. My husband is in construction having a hard time, his pay has been cut in half, sometimes he finds remodels on the side. All of his buddies that have their own business in different parts of the industry are really hurting. I feel for you, I can't imagine the high tax states. I worry about gas prices, it really hurt many businesses in the Summer of 08 when they went to $4 gallon.

[mja2035]

@CentrlFlagrl I feel for you, I live southwest of Denver and 10 years ago I had allot of construction workers and carpenters as neighbors. Their wages started going down because illegal immigrants from Mexico were driving their wages down. All those neighbors gradually had to move away because they couldn't pay their mortgages anymore. I miss them and I hope their doing well. I've been unemployed for 99 weeks now and this week I cashed in my IRA so that I can live on that for the next year.

[CentrlFlagrl]

@mja2035 I have an IRA I am thinking of cashing in too. We're hanging in there but I feel like there are things that I could be doing with that money to prepare for really bad times. Signs that I look for that would give me a positive in jobs are not there. It's disgraceful, in my opinion the way Am. workers have been treated. As they like to say, your jobs are not coming back, well guess what, neither are the consumers.

A country that doesn't produce, doesn't consume.

[mja2035]

@CentrlFlagrl I see that you get it. Prepare in any way you can, that will help and vary where you get your information from. I don't think things are going to get better this time. It's been good to blog with you, and I wish you all the best.

[crushingright]

Major assets it sounds like you're going to have to turn over to get off the grid.

They don't want anybody leaving anything. It's like their rounding up the debt/tax slave herd. sucks.

[crushingright]

death spiral. 

[orangedac]

I have never understood why should a person working in the private sector with no pension himself be forced to pay for the pension of some govt employee?  Worse yet, the private sector is forced to make good the gambling losses of these public sector pensions. They keep the profits thanks.

There are WAY too many public sector pensions and unions around. it all needs to be shut down and privatized. Govt needs to be shrunk by a good 75% in size along with taxes.

[fuckyouobama1]

TOTAL PLANNED ECONOMIC COLLAPSE !!

[billyjoebobway]

@fuckyouobama1 YUP...notice obama had a meeting with big corporations.....not the little guys....

[DEMCAD]

"We're more civilized than the Europeans."

LOL I think we're move cowardly than the Europeans. We Americans may have the guns, but the Europeans have the guts.

[CentrlFlagrl]

@DEMCAD Hi DEMCAD ! I've watched alot of your videos! Don't you think they are kind of waiting for violence to break out to give them an excuse for... I don't know, but I wonder? What is that you like to say? Something like, the future belongs to those that are prepared. I think that is the key, being self sufficient. Sure not the time to be beholden. Good Luck!

[FreedomForYouAndMe]

@DEMCAD

By that I mean we seem to debate more than they do. I understand they got their guns taken away and are now paying the price for that stupidity. They seem more apt to riot than we do....for now anyway.

[timothy6487944]

@DEMCAD i agree, i dont know how we lost our balls

[highlanderhillfarm]

Planned collapse of the USA. If people have not figured it out yet 9/11 was an inside job. It ends when Israel completely rules the USA. In the USA today if u r a Zionist Jew u can't lose. They own the media the own the government. If people can not see it they are zombies. American zombies, sheep or whatever you want to call the Americans watching TV. Most important - 9/11 was done by fractions of the US and Israel government. They made the hold thing up to take away liberty. Thomas Jefferson!

[yaplonglong]

Leave the country.

[DEMCAD]

Time to move!

[mja2035]

@DEMCAD where to go. Have a nice day Dem.

[makulizsolti]

of course many businesses will go down,lay off workers or just close shop and start to work under the table and work for cash!!.....and WILL NOT PAY ANY TAXES!!

[FrontCortex]

Thank You back stabbing, vote buying, political RIP-OFF Government EMPLOYEES! I say ARREST THE WORST, and FIRE THEM ALL before they take America down in flames!

[mja2035]

@FrontCortex These govt pensions have to go.

[makulizsolti]

this fucking country/state/government makes a CRIMINAL out of every hard working citizen!!! I hope the END IS NEAR!!!!!

[BeantownJim]

same in massachusetts!

[BeantownJim]

hope and change?

[ALittleBitPregnant]

Your saying everything I have been, good luck.

[TheDFIANT]

Seven states impose no income tax. These states are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.

New Hampshire and Tennessee limit their state income taxes to only dividends and interest income.

Perhaps you should find out which one of these 9 states that is better for your company and then move there.

In the US you have the privilege to shift state if the taxes in one state displeases you. Perhaps it's time to consider using this privilege.

[FreedomForYouAndMe]

@TheDFIANT

Thanks for the info....I don't know. Just needed to vent. It sucks when you try to run legit businesses and you get you butt kicked everywhere you turn. We were literally hiring hundreds of people when we were doing construction...but not anymore. Just sucks.

[centervilletn]

@TheDFIANT tennessee is a decent place to live really...sales tax on EVERYTHING at 9 percent...but sales tax is an optional tax ...as it depends on how much you spend and where you spend it...its in a low energy location...short mild winters, long growing seasons ...water is abundant and high quality......Nashville has a first class medical community, and several very good universities ....

[theeastwatch]

They want 2 classes now.

Rich and poor. Mostly poor.

The poor will be a slave class to service the rich.

Thanks for the Vid bud.

-TEW

[bigpaw64]

its getting to the point in this country---that the blue collar worker will become extinct----i doesnt even pay to work anymore----the wages suck---theres no retirement----and forget social security-----i dont understand how they think were going to continue living in this situation. people just cant make a honest living anymore.

[mja2035]

@bigpaw64 Your comment says it all. I totally agree. I just had to cash in my IRA because my unemployment finally ran out. Things are not looking good. I hope you can have a nice day.

[brewmaster95060]

I am in California we are in trouble also.

SORRY.

[huntingun1]

I feel for you but quit snivaling. Illinois is dead broke so they will make you pay for their mistakes. Get the fuck out,now! Let them sink! Also, don't you think that if we got rid of the millions of leeches{illegal aliens}, we would still have our heads above water? They are draining everything & putting nothing back! Illinos is asanctuarary state. It protects these sponges. Look what they're doing to Mexifornia. It's not just Illinois,the whole country is dying. Obama is pulling the trigger.

[mja2035]

@huntingun1 I agree with you.

[jimbobubbadj]

The system is going to collapse because of all the debt and unfunded liabilities including all pensions. Mathematically, the debt is impossible to pay back. Even a 100% tax rate would not do it if somehow a tax that high was possible.

[mja2035]

@jimbobubbadj Your right. I like your very intelligent post. Have a great day.

[wurlytone]

@jimbobubbadj you watch, they'll figure out how to make a 200% tax rate possible, then try & convince everyone that it will fix the problem. Welcome to the USA (Un-united Source of Aggrivation.

[whiskerchild]

It has begun. They cut my hours today. Hang in there, and thanks for the vid.

[bettyc5542]

Texas is not that bad it would better for you to get out of there But i know it will get bad here soon and i wish you luck

[navtel]

get out of america before it is too late, or sell everything and move to wyoming

[wilatemodel]

@navtel NEWSFLASH!!!..Wyoming is in America!..LMAO!

[mja2035]

@navtel I live in Colorado, maybe moving to Wyoming soon.

[bigpaw64]

wow---f-in-----wow------get the hell out---asap

[aceyorba]

it is still a lot lower than Taxifornia's 11%...see what you have to look forward to..

just keep giving all the public servants BIG pensions and everything will work out.. Just ask Jerry Brown. wait till all the new fees start.

I feel your pain.

Government is OUT OF CONTROL

[mja2035]

@aceyorba ABSOLUTELY, I like your post !

[jimbobubbadj]

Dude, I would get out of Illinois. I know California, New York and others have bad problems too but you guys have "Chicago" politics to go along with it.

[FreedomForYouAndMe]

@jimbobubbadj

Agreed, south of I80 it's better but unfortunately we get to pay for it too.