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.

Photo of author
Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.

Ad block users: Some site features may not work correctly while an ad blocker is enabled, because they break scripts and content this website depends on. If you can't see comments below, for example, please disable your ad blocker.

 

Thanks for sharing!