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Posts Tagged ‘deficit’

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Illinois end-of-year budget deficit to top $6B

Illinois has a total of $14.9 billion deficit. And no one is doing anything about it. The result, higher taxes and population decrease, Illinois loses more residents in 2016 than any other state / https://www.illinoispolicy.org/reports/still-leaving-illinois-an-exodus-of-people-and-money/

This also drives up the constant violence Chicago faces, 8 shot in Lawndale: ‘This is just the city we live in’

High taxes and poor education isn’t helping much in the state of Illinois. The biggest problem is that there isn’t anything being done to rectify the deficit. The increase in taxes won’t help, Illinois Senate Passes Budget, Tax Increase

“You pay the highest property taxes in America. We’ve got to change that. We’ve got to bring our property taxes down over time. And the way to start is to do a true, long-term property tax freeze and give you – all the people of Illinois – the power, the ability to decide, if and when and how your property taxes move,” Rauner said during the Facebook Live. “That’s what we’re pushing for. We’ll never give up on that push. And that’s the stumbling block right now.”

Consequently people are leaving Illinois. Why pay ridiculous tax rates when you can move somewhere where taxes are not as high.

700+ days without an Illinois Budget; Local school district could close if nothing passes

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Bottom line is Illinois has leaders who have no idea on how to budget. Illinois needs to stop spending money on useless things such as researching on whether they want to build a road, in fact they should stop building new roads and fix the problems with the roads they do have. Increasing tolls, taxes, gas prices and the overall cost of living will only hurt the state in the long run. Illinois has to come up with a budget that cuts all the useless spending out. And with a $14.9 billion deficit, i think it’s time to cut unnecessary spending.

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