Political Rewind: Exodus of Illinois Taxpayers Means Loss of $26 Billion for State
It's always good to be caught up on state politics. Here's an easy guide to what happened this week.
Editor's Note: This article was created by aggregating news articles from Illinois Statehouse News that were written by various Illinois Statehouse News reporters. Exodus of IL taxpayers means loss of $26B in taxable revenue Illinois’ reputation for political corruption and government mismanagement could have cost the state billions of dollars and an income tax increase. Illinois netted a loss of 366,616 tax-paying households between 1995 and 2009, according to a study ofInternal Revenue Service figures from 1995 through 2009 released Tuesday by the Illinois PolicyInstitute, a free-market think tank with offices in Springfield and Chicago. Those households took with them $26 billion in taxable revenue, according to the study. In 2009 …
tony
10:51 am on Monday, February 20, 2012
Illinois may have to enact some laws like Florida did and start drug testing people who are getting public aid . Alot of these people are heading North, if they can afford drugs then we can't afford them. more ›