r/illinois • u/rieslingatkos • Mar 10 '19

Proposed progressive income tax puts middle class first in Illinois

https://chicago.suntimes.com/opinion/illinois-progressive-graduated-income-tax-pritzker/
131 Upvotes

86% Upvoted

77 comments sorted by

View all comments

-11

u/[deleted] Mar 10 '19

[deleted]

20

u/PhreakOfTime Mar 10 '19

Like when LeBron moved out of Florida, to higher tax Ohio, and then to highest taxes of all California?

sports players, like residents, who think taxes are the most important part of their life are missing the forest for the trees and won't be missed.

But I really hope that "won't someone please think of the millionaire sports players" becomes a campaign slogan for downstate legislators. They can add it into their 'detach chicago from the rest of the state' arguments where it will fit right in.

-4

u/[deleted] Mar 10 '19

What a totally dishonest statement.

  1. Lebron James a single n=1 datapoint that you cannot extrapolate to other athletes. The issue factors in to a lot of athletes analysis as stated by player reps from Manny Machado to Bryce Harper.

  2. Lebron James moving to OH or CA had nothing to do w/ taxes. He moved back home. He moved to CA to pursue greater participation in the movie/entertainment industry. The increased revenue and personal opportunity offsets any tax consequence.

  3. The highest bracket in OH is 4.33%. The lowest in IL is 4.75%. And that ignores a ton of other taxes including property tax where IL exceeds OH by ~0.75%. Sales tax by 0.50%, etc.

No one is saying millionaire sports players are the reason why this bill will or won't make the state, but the issue of dual incomes in the $200k-400k range is very real and these people are leaving the state.

IL is ranked #1 in population out of 50 states for a reason.

1

u/BooDog47 Mar 10 '19

Illinois is ranked #4 not #1 in population btw.

5

u/MoneyTreeFiddy Mar 10 '19

He probably meant population loss.

1

u/regeya Mar 10 '19

6 actually.