25 Comments - JS Mill - Monday, Aug 22, 16 @ 1:31 pm: I see Arizona is a lofty 41st. Hmmmm - Ron - Monday, Aug 22, 16 @ 1:33 pm: Illinois (Chicago primarily) has experienced notable economic growth under Rauner. The City is doing quite well other than the pesky union pensions - Lucky Pierre - Monday, Aug 22, 16 @ 1:44 pm: Finally some good news for a change. - Kerfuffle - Monday, Aug 22, 16 @ 1:50 pm: Are we moving up or are others just falling back? - A Parent - Monday, Aug 22, 16 @ 1:54 pm: Interesting to point out that none of the top 5 are right to work states while 3 of the bottom 5 are. - Honeybear - Monday, Aug 22, 16 @ 1:54 pm: Interesting what they said 5 years ago about Jindal as he was destroying LA from the inside in the same manner as Rauner here. - Henry Francis - Monday, Aug 22, 16 @ 2:01 pm: What’s the tax rates for the top 5? - Oswego Willy - Monday, Aug 22, 16 @ 2:05 pm: ===Illinois (Chicago primarily) has experienced notable economic growth under Rauner.=== You should tell that to the Governor. I think “last we left our hero… ” Rauner was saying how bad things in Illinois continue to be. Which is it? ===The City is doing quite well other than the pesky union pensions=== Comstituonally protected, don’t forget that. Your jealousy is a nice shade of green. To the Post, I dunno if the growth is all growth, or a majority of other states falling so rapidly, or both… but I do know that having a state budget passed and signed would help the “climate” and I do know continued trench fighting between Madigan and Rauner isn’t helping either side with a want to tout how great things could be, what needs to be done to make things better, and the lack of 60 and 30 with a guaranteed clean signature is quite possibly the most important fact lost to those wanting gubernatorial fiats and those ignoring a lack of 71 votes to override a passive Executive. Budget. Need a budget. Then build on these type of benchmarks. - Deft Wing - Monday, Aug 22, 16 @ 2:06 pm: Is the Turnaround Agenda indeed turning IL around … in an altogether unanticipated way? Deft, I’d say. - Matt Belcher - Monday, Aug 22, 16 @ 2:21 pm: ===What’s the tax rates for the top 5? === Massachusetts 5.1% flat tax Oregon 9% $8,401 and $125,000 9.9% $125,001 and above. Delaware 6.6% over $60,000. Colorado 4.63% flat tax California 9.3% $51,531 and $263,222 10.3% $263,223 and 315,866 11.3% $315,867 and $526,443 12.3% 526,444 and above For local flavor Iowa 8.98% $69,256 and above All data from bankrate dot com - JDuc - Monday, Aug 22, 16 @ 2:31 pm: Looks like taxes are going up …! - Anonymous - Monday, Aug 22, 16 @ 2:34 pm: Illinois has the 5th highest state and local tax burden in the nation. MA is 12th. CO is 35th. DE is 16th. OR is 10th. IA is 31th. CA is tied with IL. - HangingOn - Monday, Aug 22, 16 @ 3:05 pm: ==Illinois has the 5th highest state and local tax burden in the nation.== Can you point me to this? I’m finding a lot of different numbers, but not these. Thanks! - JS Mill - Monday, Aug 22, 16 @ 3:06 pm: = CA is tied with IL. = By all estimates, California is a high tax state and yet their economy continues to grow. It also happens to dwarf the size of the economies of most nations in the world. - Ron - Monday, Aug 22, 16 @ 3:15 pm: Illinois is generally not a nice place. High taxes make it even less so. CA is very different. - MSIX - Monday, Aug 22, 16 @ 3:34 pm: My overall tax burden may be higher here in IL than it was in MA, but my cost of living is much lower. Go look at rents in MA, even way outside Boston. And housing prices. Many factors go into one’s standard of living. Tax burden is just one. - City Zen - Monday, Aug 22, 16 @ 3:49 pm: ==What’s the tax rates for the top 5?== If you’re talking property tax, here’s those top 5 rankings (and IL) according to Wallethub: 31. Massachusetts 27. Oregon 4. Delaware 8. Colorado 17. California 49. Illinois ==By all estimates, California is a high tax state and yet their economy continues to grow. It also happens to dwarf the size of the economies of most nations in the world.== Probably doesn’t hurt that it’s an aspirational state. And considering all that extra tax money, CA actually spends less money per pupil than IL. - Lefty Lefty - Monday, Aug 22, 16 @ 4:06 pm: See what weed does for your state’s economy? - BK Bro - Monday, Aug 22, 16 @ 4:11 pm: Comparative economic studies end up being news for the day. Tomorrow will be another study with different results, and so on. Side note: The last thing IL would ever want to do is become more like CA. This study seemed to skip over the ridiculous inequality in CA. Not to mention the fact that people are paying $500k for a modest house with a two-hour (each way) drive on a freeway to work every day. - Anonymous - Monday, Aug 22, 16 @ 4:25 pm: City Zen, you are off on property tax. Illinois has the second highest property tax in the nation. Check out this sitesite.https://www.thebalance.com/best-and-worst-states-for-property-taxes-3193328 - Demoralized - Monday, Aug 22, 16 @ 4:55 pm: ==Illinois is generally not a nice place.== Do you live in Illinois? If you do then leave if that’s what you think. Why would you want to stay someplace you clearly have such disdain for? - Ron - Monday, Aug 22, 16 @ 7:41 pm: I love the city of Chicago. That’s why I stay. - Shemp - Monday, Aug 22, 16 @ 8:34 pm: So do Governor’s own the improvement? - Oswego Willy - Monday, Aug 22, 16 @ 9:03 pm: ===So do Governor’s own the improvement?=== If they, and their Crew, are smart, absolutely, yes, 100%. Talking the state down all the time makes it hard to do the obvious pivot. Governors own can be good too. Rauner just refuses to see that. - Ghost - Monday, Aug 22, 16 @ 9:39 pm: CA has the highest paid govt employees in the country….. and huge workers comp benefits Sorry, comments for this post are now closed.