Category: Home Ownership

How did Illinois get into its financial mess, and what can be done about it?

Posted from: Outlook for Financial Markets BMO Wealth Management August 2017 Illinois is trying to avoid becoming the first “junk“ rated state. It already has the lowest credit quality rating among all 50 states. S&P Global Rating service warned Illinois legislators that without a viable budget for fiscal 2018, its third straight year without a Read More …

Reports: Illinois Has High Tax Burden, and Also Among Least Fair – Story | Rockford, Illinois | MyStateLine | WTVO and FOX 39

Two separate analyses of Illinois tax policy reveal that, not only do Illinois taxpayers’ pay one of the highest tax burdens in American, but they also pay one of the least fair.  A story out of Rockford WTVO and FOX 39 shares an analysis of the tax costs to Illinois Citizens. Source: Reports: Illinois Has Read More …

Where’s the surprise? Illinois rated in ‘most unfair’ tax system

WLS news headlines a ranking of the states based on tax fairness. WalletHub says Americans think fairness taxes impose higher taxes on Higher-income households.  According to WalletHub, Illinois is the third worst state for overtaxing the poor, Indiana is 9th worst. Illinois, Indiana named among nation’s most unfair tax states | abc7chicago.com Chicago-WLS—-Illinois and Indiana Read More …