Retirees, Beware!
Democrat politicians in Springfield are at it again:
Illinois voters soundly rejected a progressive state income tax because it was a path to tax retirees. That isn’t stopping state lawmakers from trying again.
Lawmakers introduced a new bill to end Illinois’ long-standing flat income tax and replace it with a progressive structure – a move that could impose taxes on retirees and others.
The move comes as Illinois tax revenues have reached record highs. Illinoisans face some of the nation’s biggest tax burdens.
This isn’t even the legislature’s first progressive tax attempt this year. And for a second time, former Illinois Gov. Pat Quinn is pushing the idea.
Read that third paragraph again:
- The move comes as Illinois tax revenues have reached record highs. Illinoisans face some of the nation’s biggest tax burdens.
Record high tax collections, but they still want more....because they have a spending problem.
You never see anything about cutting costs and expenditures, just plans to steal more money.
Stop voting for democrats.
Labels: money questions, state politics
posted by SCC at 12:05 AM
78 Comments:
They will get me for a year at best if that passes. I’ll move out of state and gladly give my taxes somewhere else.
Oh for God's sake just raise taxes, fee's and fines....
What are they going to do....cry ?...they'll (voters) will pay up and still vote democrat for more.
Case closed.
I still have family here, so I’ve been sticking around but this will seal the deal for me. Waited all this time to get to this point in life and if I only get 2 years out of it after decades of Democrats abusing my tax dollar when I was working- I’m gone for sure. You’ll get no more gas tax from me, no more sales tax, no more bullshit on my ComEd. I’ve already been mulling it over bc of Johnson. Bye
I called this years ago. Several unsuccessful tries have occurred before. Any new legislation will be for the new retirees. If they ever fuck with my pension I am coming back to Illinois or Chicago and swan diving in front of a CTA bus, then calling the attorneys in the ad on the side of the bus that hits me while I wait for the ambulance.
Can you imagine retirees’ income from 401(k)s, IRAs , Social Security and pensions being taxed. We already paid and we don't get the full Social Security stipend as most others.
Did not our nation's President recently re state the vital neccessity of restoring honesty to our nation's elections, via the purgings of our states' registered voter data bases'?
And the cleansings of our nation's states' politicals of most deceitfull natures and resulting activities relevant thereto?
With the first step being our nation's federal elections being the most vital to restore?
Not a problem. I’ll be heading to Texas soon, and none of this will matter. And I’m taking a lifetime of acquired wealth with me to spend there as I see fit. I’d imagine many more like me will follow suit and just leave this hell hole.
If you’re retired why would you stay here? This state is going to look like a ghost town and it’s only occupants are going to be liberal protesters and ghetto rats waiting for their next handout.
Cutting spending only works on the police.
Now, kees me you fool!!!!
Exactly, these dumbass Illinois voters will never change, even when they complain.
You have no idea what you talking about 401k and IRA already taxed
Smart. Very smart.
You hope it will apply for new retirees, it’s more logical to assume you’ll be screwed than spared. There’s states that tax retirements whether you live there or not. This is Illinois.
He also said he’d get rid of federal pension tax. I remember him saying it. That subject got dropped in a hurry.
Hmmm…you do get taxed on 401k and IRA. You now get full SS benefits. The state does not collect taxes on your pension. You better bone up on your finances Chumley.
I’m guessing they will also tax the pension if you move out of Illinois. They will claim since it is an Illinois pension, Illinois is going to tax you no matter where you live. Chicago pensions will not be exempt
If you're planning on moving ldown here to Tennessee, MOVE NOW.
The prices are going UP!
People are running to red states.
For all the crying about Chicago and Illinois why do some many retires stay? Only 13% move out to much better living conditions.
No worries here I moved out years ago.
I thought they have to change the state constitution first? That was what the previous vote was about: Changing the constitution to allow for a progressive tax.
Some of us have family here as well as other obligations so we just can’t pack up and leave. For now.
x2
As of 1/1/24, that Rostenkowski sponsored WEP cut to your SS benefits was rescinded. If you're not getting the full amount you're entitled to you screwed up somewhere.
Grandkids, whose parents cannot excape ILL.
Top Dog kicks Butt
Fat Body promised Weed revenue. Still waiting
222-2222, easy to remember
You really don't read so well do you? Public pension employees now get the same social security payouts as anyone who put as much money and as many years as you did into the system. This changed last year. Thanks Joe Biden. Try to pay attention.
They already “decoupled” Illinois from the federal tax code so residents of Illinois pay state tax on tips and overtime and don’t get the increased retiree exemption plus the 18 additional taxes passed at 4am bf Halloween! We need to find out who voted for what in springfield
Not me I moved to Tennessee
Iowa went the other way and eliminated taxes on retirement income a couple years ago.
Go West, old man!
And don't forget...Illinois now has the highest sales tax in the entire country. Merry Christmas chumps.
TAX WELFARE!
we call that the bam-bu-lance or the welfare wagon
if they tax it, it does not matter where you lay your head
You never see anything about cutting costs and expenditures, just plans to steal more money.
But it's for the illegals er...the children
Lest the rabid urban hyenas get to you first, god speed.
The only thing Democrats do is TAX AND SPEND! Until the voters stop electing them the taxes will continue to rise exponentially. P. S. How'd everybody like their last property tax bill?
Tax RENTERS. They are the ones who use all the city services.
Re 8:17:08 AM, to wit: do you presume that our current president's re stating an essential truth concerning our nation's elections is the basis of this essential truth being true?
Nuke springield from orbit, just to be sure.
Tax my farts. I will gladly pay on time in the currency of turds.
Another year, another COLA raise...
Any money from the state or local pension payments paid out in Illinois will be taxed, no matter where you live.
Try getting home insurance in Florida if you live near the coast.White Hillbilly 2 legged rats just like our ghetto 2 legged rats in Chicago. Good luck with your move.
Groceries, gas, harbor freight shopping done in Niles. I don’t shop in Mogadishu. I prefer civil people.
Taxes.
How are taxes harvested? Aka, collected?
Shall we think of the ways?
1. Witheld before what remains is disbursed.
2. Added to billing and paid when billing is paid.
3. If billing is not fully paid, then: no soup or services are provided or confiscations ensue.
Any other ways?
They will tax your pension at the source, just like they do for indiana residents who work in illinois. You earned that pension while working in Illinois so they will tax it no matter where you move to.
Your a quart short…guessing you’re not even a cop
I went to Texas
“Thanks Sleepy joe?? The only reason it got passed was because of the loud leftist teachers… the demoRats …if it only affected cops /firemen and other government workers, it would never have passed!!!
Wait till they tax out of state pension payments.
12:28:02PM…….Incorrect. New York State already tried taxing retirees who moved out of state. Made it to SCOTUS who decided in retirees favor. Of course, if we ever have the misfortune of having a democrat president and senate at same time again, they will pack the court and everything is up for grabs.
09:01:23…. Many really don’t know anything else. Many Chicagoans have a hard time living in real America. Some stay because their wives are high earners. The grand kid excuse wears out fast. Your grand kids really don’t hang with you much once they’re school age, unless you’re an on call baby sitter for your kids. All kinds of reasons guys stay.
Wrong. Supreme Court already decided this.
Iowa is a good state but way too cold. Go south.
how about taxing each welfare queen for each baby she has without getting married
People have families and as you age, it’s a bit smarter to stay within a reasonable distance of family. My parent chose to live thousands of miles from us and it’s a pain in the ass every time she’s sick or needs help.
I believe Iowa does not tax on 55 and over and disabled.
“ We need to find out who voted for what in springfield.” That’s easy- Democrats.
Nobody, and I mean nobody wants to live in Iowa.
Incorrect, you wouldn’t pay Illinois tax and Texas tax if that where you are living
Harbor Freight is all china garbage
04:14:18 what about Bonita Springs, Estero?
Why on God's green earth would anyone on a pension from another state, move to Illinois?? Oh, that no tax on pensions?? Check your sales taxes, property taxes, energy costs, insurance rates for autos and homes, gas taxes, crime occurrences, just to name a few. Not including the Hunyucks running the state. If they have moved there, they deserve every bit of pain financially they are asking for. Oh, and now those tax breaks that the Orange Man has passed, you can't take those either. Get your checkbook out and a new pen.
As of January 2026 Michigan no longer taxes your pension...it's a blue state but property taxes are low...I pay more for property taxes in Illinois then I do in Florida and Michigan combined.
Just don't retire to Michigan. They even have withholding so you can't even try to spend first and pay later.
Illegal alien anchor children.
You are correct. I wasn't aware that the Michigan pension tax was being phased out. Therefore Chicagoland, you can retire to Michigan!
If you can take cold weather move to the Upper Peninsula. It's actually not all that much wores than Chicago winters but without hood rats.
They are making big money from that but as usual they went crazy with the taxes so people go to Michiigan 1 hour away to buy
No State Taxes
Some of you really need to educate yourselves. If Illinois starts to tax pensions, they CANNOT tax yours if you establish your residence in another state
And they tried to assasinate Trump twice 🤦🏻♂️
Watch them.
So many nobodies.
So tough to count.
Being nobodies.
What about Bugtussle, Tennessee just down the road from Hooterville? That’s where I’m thinking of escaping to.
Harbor Freight is upping their game, Icon brand nice hand tools, Predator generators are solid, they do have some junk I stay away from.
Who cares I’ll be gone.
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