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2012-01-19 Home Front: Politix

Illinois' Unpaid Bill Crisis Worse - despite raising taxes 67%

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Posted by DarthVader 2012-01-19 16:29|| || Front Page|| [11127 views ] Top

#1 Part of the problem is this: the new tax increase was not used to pay bills. It was used instead as collateral to borrow more money, which was done, for the various state pension funds and for more general spending.

The money is gone, the spending is there and we're more in hock then ever.

Illinois is boned.

Posted by Steve White 2012-01-19 16:36|| 2012-01-19 16:36|| Front Page Top

Posted by badanov 2012-01-19 16:46|| http://www.freefirezone.org 2012-01-19 16:46|| Front Page Top

#3 You thinking of moving yet, Dr. White?

Posted by Mullah Richard 2012-01-19 16:51|| 2012-01-19 16:51|| Front Page Top

#4 Pulling back on the stick to get out of a low speed stall ain't gonna work.

Posted by Bright Pebbles 2012-01-19 16:53|| 2012-01-19 16:53|| Front Page Top

#5 Of course, those are 2 of the taxes with the most harm to the economy.

Why don't they raise sales taxes too, and just stall the whole state?

Posted by Bright Pebbles 2012-01-19 16:54|| 2012-01-19 16:54|| Front Page Top

#6 What do you expect them to do, cut spending? /sarc

Posted by Ebbang Uluque6305 2012-01-19 17:35|| 2012-01-19 17:35|| Front Page Top

#7 AND OUR GUY IS RUNNING THE NATIONS'S ECONOMY!

BWA-HA-HA-HA!

If the MSM had the courage to cross the Cumberland Gap and talk to the natives we would be heading for a second McCain Term

Posted by Bigfoot Jeter8554 2012-01-19 17:46|| 2012-01-19 17:46|| Front Page Top

#8 Illinois Rules of Financial Management
(Don't try this at home)
1) Your money is my money, my money is my money
2) We can't be broke, we stil have checks
3) When we are out we are in and when we are in we are in
4) We don't want somebody nobody sent

Posted by Bigfoot Jeter8554 2012-01-19 17:50|| 2012-01-19 17:50|| Front Page Top

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