Posts Tagged “income tax”

Illinois ranks as 2nd worst state for taxation

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Illinois ranks as 2nd worst state for taxation

Illinois ranks as 2nd worst state for taxation Illinois’ taxation is the 2nd highest in the country for residents who are in low income, middle income categories and only slightly better, 3rd highest for residents in the high income levels. The study impacts property taxes, wages and sales taxes and was completed by WalletHub.com, and online…

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Graduated state income tax for Illinois makes sense

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State Rep. Lou Lang has proposed a brilliant and fair plan to help the state of Illinois dig itself out of its multi-billion dollar debt. Change the state’s fixed income tax rate for everyone and replace it with a scaled tax that actually reduces the state tax for most taxpayers, those earning under $200,000, and…

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