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* I got nothing, so I’m just gonna declare an Illinois-centric open thread.
posted by Rich Miller
Friday, Apr 6, 18 @ 3:52 pm
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Previous Post: S&P whacks Illinois for its “persistent crisis-like budget environment”
Next Post: Reader comments closed for the weekend
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Comment by Blue dog dem Friday, Apr 6, 18 @ 3:53 pm
I see Cook has Bost as a tossup I was surprised.
Comment by 618Dem Friday, Apr 6, 18 @ 3:57 pm
Congratulations to all the White Sox fans that got to go to opening day on the snow, go to extra innings and lose. Cubs up next and still artic weather. Start the season May 15 end on Labor Day. And no one really cares about St Louis they can play in the heat. (Snark)
Comment by DuPage Saint Friday, Apr 6, 18 @ 3:58 pm
Sox moved their game Monday to a 1pm start, going at the same time the Cubs open st Wrigley.
It looks so lousy I might skip it… it’s that bad.
Comment by Oswego Willy Friday, Apr 6, 18 @ 4:00 pm
I was at lunch with a lawyer who works with a lot of high-net worth people. This lawyer reported that they are hearing from a lot of clients who, after Pritzker won the primary, are interested in changing their residency to another state, fearful of further income tax hikes.
Comment by 32nd Ward Roscoe Village Friday, Apr 6, 18 @ 4:02 pm
It was a great hockey game the other night, when Keith blasted in the game-winning goal for the Hawks against the Blues, with 8 seconds left in the game.
It was not a great game when the Sox gave up the lead in the ninth and lost.
Comment by Grandson of Man Friday, Apr 6, 18 @ 4:03 pm
–I was at lunch with a lawyer who works with a lot of high-net worth people. This lawyer reported that they are hearing from a lot of clients who, after Pritzker won the primary, are interested in changing their residency to another state, fearful of further income tax hikes.–
They should call JB’s tax people.
Comment by Ron Burgundy Friday, Apr 6, 18 @ 4:07 pm
Not surprising 32nd
Comment by Ron Friday, Apr 6, 18 @ 4:08 pm
Rich people pay taxes?
Comment by Blue dog dem Friday, Apr 6, 18 @ 4:12 pm
When IS MJM going to finally retire? When he dies? Is he really going to be hauled out of the chamber on a stretcher?
Comment by Just Me Friday, Apr 6, 18 @ 4:14 pm
I hope the Blues win tonight and/or tomorrow to make the playoffs.
Comment by Justin Friday, Apr 6, 18 @ 4:16 pm
1) most other states have progressive tax systems
2) rich people still live in those other states
3) those states haven’t failed and most are doing better than IL.
Comment by Anonymous Friday, Apr 6, 18 @ 4:17 pm
Just Me, if Rauner is reelected MJM is not going anywhere for four years. Yet another reason to vote for JB.
Comment by Anonymous Friday, Apr 6, 18 @ 4:20 pm
I think the Brewers were pulling on grandpa’s old recipe before the Cubs game last night. They sure played like it.
– Braun’s wackadoo baserunning.
– Baez scored from first and Lester was safe at first on a weak dribbler up the middle that barely made the outfield grass. It was a routine double-play ball.
– Down 8-0 in the ninth, Counsell put his All-Star closer on the mound, who blew out a hamstring and is out for at least six weeks.
Might want to keep the jug corked until after the game.
Comment by wordslinger Friday, Apr 6, 18 @ 4:21 pm
Studies (which I, regretfully, do not have on hand to quote) shows that increasing income taxes tends to increase income tax revenue while decreasing the rich headcount; put another way, the negative tax effects of the fleeing rich are more than made up for by the increased revenue generated from those rich that remain. The study I reference was conducted after a drastic increase in the top tax bracket in New Jersey, which already had a progressive income tax model; there may be more growing pains for Illinois, as it would be moving from a flat to a stepped model.
Comment by DarkDante Friday, Apr 6, 18 @ 4:24 pm
I’m not rich but I just did my taxes and I paid $17,000 in state income taxes. And $14,000 in Re taxes in 2017.
Comment by Ron Friday, Apr 6, 18 @ 4:27 pm
No more Ford Taurus.
Comment by City Zen Friday, Apr 6, 18 @ 4:29 pm
Ron, you know it’s the middle class that always does the heavy lifting. Especially in a progressive state like Illinois
Comment by Blue dog dem Friday, Apr 6, 18 @ 4:37 pm
People are fleeing NY and NJ. I talked to a lawyer recently whose entire practice has become helping people change domicile from NY/NJ. Usually to FL because of no income tax or estate tax.
Comment by Anon Friday, Apr 6, 18 @ 4:38 pm
I miss Lane Evans.
Comment by TKMH Friday, Apr 6, 18 @ 4:38 pm