The only bipartisan thing they do is agree to fee us more.
But after reading this thread I give my sympathies to my Illinois forumites. Holy fek, they really are going after you folks.
Once completed she will be looking at a 20-30k raise.
We have started looking at larger houses for our family of 5 (4 bed room/3 bath types). We found one just under 3k SF, 3 car garage, nice plot of land etc. 300k give or take. Yearly taxes are $12,000/year!!
We looked at buying a house on the river that closer to our current house but taxes on that were 15k/yr!!!
I'm not doing it.
A buddy of mine lives in Indiana and has a 4bd/4ba 3200 sf house and I don't think he even pays $1k in taxes a year.
The wife and I have had some serious talks of moving out of this state. Every where you turn its something else needing money and not much of it is to benefit us.
Your quote, "I'm not doing it " sounded like me! But my tax beef pales in comparison, it's not that bad in NC.
There's something to be said about the weather here and cost if living. Not to mention some good country roads to drive on.
I know it's not easy to uproot the family and move but there's something to be said about quality of life.
Wishing the best to you and fam.
The problem in Illinois is that the political gridlock is legendary, and they ALWAYS want new sources of revenue because the patronage system is so ingrained that they are always running out of money. An EV tax is just another example of that. A couple years ago we had a soda tax, which was billed as a "public health measure" but also included diet and no calorie sodas in their tax because they wanted the extra revenue. I dont even drink much soda but I was glad that was eventually struck down.
I love Chicago, but frankly its a mess. Just another example that is pretty well know. In 2010 Mayor Daley sold the city parking rights to LAZ parking for 1.15b on a 99 year lease. However, after just 8 years, LAZ made 850 million, and are expected to breakeven by 2020, yet they have 90 YEARS of profit to go!?!?!
You guys are complaining about a $1k hit for registering EVs. Move to a state that requires you to pay ownership tax at reg time. Bitch at me when you get a $2k reg bill up front on an ICE car.. after you already paid sales tax, and pay a monthly escrow lease tax. Where else but glorious Denver.
I am not afraid of paying taxes. I want to pay taxes because I do not want to be surrounded by stupid or sick people and because I do not want to live under a rock or in a cave. Taxes are good IF used appropriately and accordingly. What I am absolutely infuriated about the tax situation in IL is that we are trying to fill a bottomless pit created by corrupt politicians and the only way they are doing that is by raising taxes. Have you looked at your water and sewer bill lately? We just got a 25% hike for 2019 and the proceeds are specifically designed to go towards that bottomless pit called Illinois Pension Fund. Yeah, we are also supposed to see 5% annual increases on top of that every year till 2021.
At the same time, I've not seen a single decent plan in IL for economic development, improved education, improved infrastructure, incentives to start business, incentives to build a house or build something new. THAT is the maddening part. I love Chicago and everything it has to offer. I hate the insane taxes and the overall inability to show anything for them. I hate how the roads are all totally screwed up here. I pay taxes on 2 cars. I pay gas for 2 cars. Chicago has one of the highest gas prices in the contiguous 48. Yet, I can't find a single 1 mile stretch of road in Chicagoland where there are not potholes or otherwise rough pavement.
You think registration taxes are high with this $1000.00 random charge for EVs but it could be a lot worse. Other states have registration fees based on property value. If IL implements something like that we could ALL end up paying a lot more.
I don't want to move to another state. All of my friends are here. The Midwest has a lot of race tracks in relative proximity to Chicago. Chicago has great food, great entertainment and a lot of diverse neighborhoods to name a few things on the positive side. The state politics drive me nuts though.
Time to legalize weed in IL! That's billions of dollars of revenue. If used correctly, it could fix a lot of the issues we are dealing with right now...
It's only going to get worse folks. We live in an ever shrinking world, with ever decreasing resources and ever increasing demands. Very soon we'll be paying tax to breathe clean air and drink clean water. It's coming...
Last edited by vasillalov; 05-13-2019 at 07:15 PM.
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The pension situation is really a huge cluster than has no real solution, outside of the city declaring bankruptcy. there was even an agreement on it a few years ago that would have drastically helped, but it was struck down by the Illinois supreme court. As for bankruptcy, for a world city like Chicago, its only a last resort option. the blowback of such a move would be huge.
As for weed, YES!!! PLEASE legalize it already! I dont partake, but we need the tax revenue.
What makes it especially painful is that now tax payers can only deduct up to $10k in taxes under the Tax Reform Bill. So that's even less incentive for someone living in IL to buy anything more than a very modest home.
Seems like IL's solution to its dwindling population is to keep increasing taxes on the remaining tax payers until there won't be anyone left to tax.
In a worst case, the population exodus also tanks small home values, putting more homeowners underwater and making it harder for them to leave, or at least hard to leave with their credit score intact. Houses then being foreclosed on further drag down neighborhood values, and it's like the 2007-09 housing crisis, but on a local level where there can be no bailout of the type that is possible when the crisis is on a national level. Good luck, Illinois. I hope the internet is exaggerating how bad the problem is.
Last edited by AZGolf; 05-14-2019 at 06:01 PM.
| 17 Elantra | 18 JLU Sport | 01 BMW 740 iL | 91 Dynasty | 74 SuperBeetle | 62 Ford Unibody | The poster formerly known as 200HP4dr
For penance for my flub I had to do laundry for all of the TCL posters here. Turns out that it was mostly thongs, so it wasn't too hard to do!
This thread did make me appreciate how good I have it in NC.
Hey Illinois, quit sticking it to my TCL homies!
Well shoot, look who's sitting in 50th place of the 50 states for fiscal health. Good luck, Illinois. I honestly had no idea.
Originally Posted by mercatus.org