Illinois pension crisis would devour 'millionaire tax'

Illinois needs $4.9 billion more for state pensions annually · 'Millionaire Tax' $570M to $1.87B short of pension needs · Want more? Get stories ...

3 ways a 'millionaire tax' would hurt Illinois

Illinois pension crisis would devour 'millionaire tax'. Illinois needs to spend $4.9 billion more annually to pay for pensions, but the ...

Illinois pension crisis would devour 'millionaire tax' - Wirepoints

Illinois needs to spend $4.9 billion more annually to pay for pensions, but the “millionaire tax” would only raise an estimated $3-$4.3 billion.

Illinois pension crisis would devour 'millionaires' tax' - Apre ...

Illinois must spend $4.9 billion more per year to pay for its pensions, but the “millionaires tax” would only raise about $3 billion to $4.3 billion.

Illinois pension crisis would devour 'millionaire tax' | Illinois Politics

Illinois pension crisis would devour 'millionaire tax' ... Proponents of a push to scrap Illinois' constitutionally protected flat income tax and add a 3% income ...

Illinois considers 3% 'millionaire tax': Would it provide property tax ...

Former Illinois Governor Pat Quinn is advocating for an amendment expected to provide around $4.5 billion in property tax relief for middle-class residents.

Bradley Illinois Concerned Citizens | **Illinois needs to spend $4.9 ...

https://www.illinoispolicy.org/illinois-pension-crisis- would-devour-millionaire-tax/ · ILLINOISPOLICY.ORG. Illinois pension crisis would devour 'millionaire ...

Illinois voters show support for creating a new 'millionaire tax.' Will it ...

A week after ballots were cast, former Illinois Gov. Pat Quinn said the Nov. 5 election results show voters are willing to support a ...

A millionaire tax could provide property tax relief in Illinois. Here's ...

Seems like an accelerant for the departure of high income earners from Illinois. It is interesting that the proposed approach is a real estate ...

From Illinois Policy: 'Millionaire tax' backed by Illinois voters

The change to a progressive tax structure opens Illinoisans up to a retirement tax as it would empower state lawmakers to tax income at varying ...

BenefitsLink® Retirement Plans Newsletter for October 30, 2024

Illinois Pension Crisis Would Devour 'Millionaire Tax'. "Proponents of a push to scrap Illinois' constitutionally protected flat income tax ...

A “Pension Crisis” Mentality Won't Help:

Illinois lawmakers have long sought a silver bullet solution that will not increase (or even lower) the state's required contributions while ...

Illinois: Rundown on Pension Crisis - The Policy Circle

The state of Illinois is suffering from a government-worker pension shortfall of over $111 billion – the worst retirement crisis in the nation.

featured Archives - Page 40 of 46 - Taxpayers United Of America

The Southern Illinois Pension Problem. By Matthew ... will have received a $3,821,412 pension payout funded by local property taxes. ... $903 million in property ...

Bradley Illinois Concerned Citizens | Voters in Iroquois County and 6 ...

... illinois-pension-crisis- would-devour-millionaire-tax/ · ILLINOISPOLICY.ORG. Illinois pension crisis would devour 'millionaire tax'. Illinois needs to spend ...

House Begins Debate on Estate Tax Repeal | Tax Notes

House members began sustained discussion of H.R. 8, the Death Tax Elimination Act 2000, which would phase out estate and gift taxes over a 10-year period.

Illinois voters will consider whether millionaires should be taxed ...

Illinois voters will consider a non-binding referendum Nov. 5 that would suggest millionaires get taxed more to fund property tax relief.

A new Habitat for Humanity house will be inaugurated in Bement ...

Illinois pension crisis would devour 'millionaires' tax' · aecifo · Illinois pension crisis would devour 'millionaires' tax' · Umito October 30, 2024. US ...

Why the exodus? - North

... tax proposal that would, at least initially, hit upper-income earners in Illinois. Candidates for Chicago mayor, including Cook County Board President Toni ...

Illinois Issues: The Great Pension Chasm | News Local/State

Now Illinois is $130 billion away from having its pension systems fully funded. The debt is the standing legacy of the 100-plus years of ...