This is madness … . This is Illinois!
Last year, during my gubernatorial primary race, I frequently referenced a Cook County company with 160 employees whose CPA told them that they would add $750,000 to their bottom line by moving 35 miles away to Valparaiso, IN.
On the four borders of Illinois, every business is doing a similar calculation and coming to the same conclusion. The Illinois Democrats hate the private sector.
You work 50 weeks a year if you are fortunate enough to be employed. Each week is 2% of your working year. Adding a tax of 2.25% means you will be working one more week per year for the government of Illinois. The government of Illinois is legendarily opaque, corrupt and wasteful. Giving it more money makes no sense. It does not deserve more money from the taxpayers. Destroying the competitiveness of Illinois even further is a terrible idea. Putting a tax increase onto Illinois businesses and citizens during a deep recession is an insane idea.
The GOP squandered a chance to make Illinois part of a national wave last year, so this tax increase is almost certainly going to happen. Nonetheless, the GOP should, at least, oppose this destructive tax increase.
If you are an Illinois taxpayer, please contact your representative and make your opinion known.
(And be happy. It makes you more resilient for the long term to be happy.)
UPDATE: I called, and was treated very courteously, and let my State Senator and State Rep. know that I oppose the tax increase. If you live in Illinois, please do the same.
UPDATE II: Here is a petition against the tax hike.
UPDATE III: Six Springfield Republicans are reported to be leaning toward voting yes on state income tax increase! If you live in one of these districts PLEASE call and give notice that you are a voter and you oppose any Illinois tax increase.
St. Sen. Larry K. Bomke (R-50, Springfield )- Phone: (217) 782-0228
St. Sen. Dale E. Risinger (R-37, Peoria )- Phone: (217) 782-1942
St. Rep. Bob Biggins (R-41, Elmhurst )- Phone: (217) 782-6578
St. Rep. Dave Winters (R-68, Rockford )- Phone: (217) 782-0455
St. Rep. Ronald A. Wait (R-69, Belvidere )- Phone: (217) 782-0548
St. Rep. Roger L. Eddy (R-109, Hutsonville)- Phone: (217) 558-1040
UPDATE IV: Noon. Saturday. They have not yet voted. They are going to vote on Sunday. There is still time to call your Senator or Representative.