A Palatine letter to the editor: So you think you are safe from more taxes because your income is less than $250k? Well, not so fast.
Gov. J.B. Pritzker and his Democratic cronies are trying to increase your taxes again. Forget about the claim they usually use stating"no one earning less than $250,000 will have their taxes increased."
J.B. must be insulted that his plan to change the state constitution to allow graduated income taxes was shot down so he's trying again. This time, he and his cronies are proposing charging a tax on services. Apparently your taxes won't go up unless you buy something or pay for some service, meaning anything you do.
What happened to"not less than $250K?" They also still want"the rich" to pay their"fair share," whatever that is. In an opinion I had published around April 30, 2021, I stated how this works, namely raising taxes by a small amount on millions of taxpayers creates more income for the state than raising taxes by a larger amount on the"rich" simply because there are fewer"rich."
Conniving bunch, these politicians. They will always try to find a sneaky way to get their hands into your wallet.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Letter: A fairer way to consider tax dataA Naperville letter to the editor: Republicans make much of a set of data that shows how much of our federal income tax revenue comes from each income level.
Read more »
Letter: Canada's carbon tax is priced to reflect cost of fossil fuel useA reader disputes the assumptions made in a recent article questioning the effectiveness of Canada\u0027s carbon tax.
Read more »
Colorado property tax relief: Polis, lawmakers reveal plan to ease skyrocketing tax billsJUST IN: The fate of property tax policy will likely be in the hands of Colorado voters this November as lawmakers and the governor try for long-term solutions to the state’s skyrocketing property values.
Read more »
BizWeek: New restaurants, retailers in Schamburg; new warehouses in PalatineThe Week in Business: Schaumburg is preparing for the openings of new businesses; Palatine's warehousing industry is ramping up.
Read more »
Palatine woman pays tribute to late mother with 'Legacy Letters'Inspired by her mother, a late Cary-Grove High School teacher, Kera Sanchez of Palatine recently published a self-guided journal designed to help people create a personal legacy for their loved ones to cherish after they're gone.
Read more »
Letter: Maybe we could store nuclear waste at Saskatchewan legislatureA reader points out a means to dispose of nuclear waste remains elusive and that Canada continues to store the most per capita. skpoli
Read more »