Thursday, January 13, 2011

01/13/2011 - Y M I N I L ?

So I'm leaving the bank and I see this gem of a licence plate. And I think how fitting given the events of the past week. I get a break on my check for the social security adjustment only to find out that our Governor thinks it's a good idea to raise our state income tax 66%. That is retro active to January 1, so I have 3 weeks of back taxes I have to pay already!

Then to top it off also in the Bill the corporate sales tax rate is raised from 4.8% to 7%. Well nothing hurts a small business more than raising taxes. As if the businesses that are still around have the extra cash. I have seen several companies move out of state just to avoid this income tax. I'm shocked that back home Knapheide hasn't moved across the River to his Missouri plant with more of his operations. It would make financial sense to me. It is no wonder people are outsourcing everything.

So that begs the question.

Why Am I In Illinois?

No comments:

Post a Comment