After Increasing Income Taxes By 67% Illinois Is Still $8.5 Billion in Debt
Liberal policies at work…
Illinois is still $8.5 billion in debt after raising taxes last year by 67% .
CBS Local reported:
Illinois keeps falling farther behind on its debt.
As WBBM Newsradio’s Regine Schlesinger reports, officially, the state has a backlog of more than $4.25 billion in unpaid bills.
Illinois State Comptroller Judy Baar Topinka says when one factors in other bills, the figure is closer to around $8.5 billion.
Those other outstanding bills include tax refunds, employee health insurance, and bills that have not yet reached her desk.
Topinka says this is extremely disappointing, since a year ago, the state sharply increased income taxes (by 67 percent) and corporate taxes.
The people are fleeing the liberal state.
A stunning new report by the Illinois Policy Institute revealed that Illinois lost one resident every 10 minutes during the past fifteen years.
Part of the problem is that 14,866 Illinois Teachers made over $100,000 last year including a Physical Education teacher who made $203,154.