IL Striving to Be CA or the Tax Queens!

Discussion in 'Politics' started by GHook93, Jan 7, 2011.

  1. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    A 75% increase in income taxes!!! IN and WS are licking their lips with corporate tax increase!

    IL already has the highest sales tax in the country! Doesn't matter that Perwinkle SOLE point she ran on was that she was going to repeal the sale tax immediately. That is all the BITCH said. Then she won and what did the bitch say the next day, "I never said I would repeal it right away, I have a lot of other things to take care of first!" Come again? All you ran on was repealing the tax, so that you could counter the Republican pledge. Now you won and you tell us to fuck ourselves.

    Not to mention we already have some of the highest property, gas and utility taxes in the country! This state sucks!
     
  2. Wry Catcher
    Offline

    Wry Catcher Platinum Member

    Joined:
    Aug 3, 2009
    Messages:
    31,748
    Thanks Received:
    4,242
    Trophy Points:
    1,160
    Location:
    San Francisco Bay Area
    Ratings:
    +8,156
    Stop whinning. Watch the new Congress, it will remind you of a truth you already know, a basic tenet of politics: "That was then, this is now". Promises made before the election are rarely kept, it is the nature of the beast.
    That said, I'm all for a raise in the income tax for California. We send more and more money to the feds and recieve in turn less money and restrictions on it's use. Better to keep more tax revenue in the state, even if it results in a modest income tax rise at home, it will reduce the federal income tax burden and the influence of the federal government on the several states.
     
  3. WillowTree
    Offline

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,148
    Thanks Received:
    10,166
    Trophy Points:
    2,030
    Ratings:
    +14,720
    What's the unemployment rate in Illinois?
     
  4. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    As of Dec its 9.6, which is 37th in the country. High unemployment, what is the Dimocrats solution, raise taxes and give business more incentive to leave!

    Unemployment Rates for States


     
  5. WillowTree
    Offline

    WillowTree Diamond Member

    Joined:
    Sep 15, 2008
    Messages:
    68,148
    Thanks Received:
    10,166
    Trophy Points:
    2,030
    Ratings:
    +14,720
    Look at Florida. Unemployment is 12% and Fla has NO state income tax. Sales tax is 7.5%.
     
  6. Wry Catcher
    Offline

    Wry Catcher Platinum Member

    Joined:
    Aug 3, 2009
    Messages:
    31,748
    Thanks Received:
    4,242
    Trophy Points:
    1,160
    Location:
    San Francisco Bay Area
    Ratings:
    +8,156
    And how much debt does the state hold, and at what interest cost? Better the state send income tax dollars to Washington and not keep more revenue at home? State income tax is deduction on the federal tax forms; the unemployment rates should not increase simply because a few more dollars go to the state and not to the Feds.
     
  7. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    Much different, they were one of the hardest hit by the bubble bursting.
     
  8. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    I am not a tax expert, but I am pretty sure State income Taxes don't reduce the amount you pay to the Federal government!
     
  9. mdn2000
    Offline

    mdn2000 BANNED

    Joined:
    Sep 27, 2009
    Messages:
    3,766
    Thanks Received:
    278
    Trophy Points:
    0
    Location:
    conservative hell california
    Ratings:
    +278
    We get taxed too much which resulted in all our problems.

    California is the most expensive state to live with the highest burden of government.

    Tax, that is my private property, the more tax you take, the less I have freedom. Same with fees for permits, any fee the government collects is confiscation of my private property and a violation of my right to freedom.
     
  10. GHook93
    Offline

    GHook93 Aristotle

    Joined:
    Apr 22, 2007
    Messages:
    17,921
    Thanks Received:
    3,126
    Trophy Points:
    255
    Location:
    Chicago
    Ratings:
    +4,931
    They want to raise the income tax by 75% (to over 5%), want to nearly double the corporate Tax (making it right behind CA and NY as highest in the nation) to already go along with the HIGHEST IN NATION Sales Tax, and top five property, utilities and gas tax!

    We can only PRAY the Republicans in the General Assembly convince enough Dimocrats that Governor Douche Bag's plan will lead to catastrophe!

    Note on State Corporate Tax - It is just not taxed on Corporations headquartered in the state its also on income/revenue or activities within the jurisdiction. That includes domestic (companies organized in that state) or foreign (companies that have significant presence or create revenue from the state, but organized in another state)!

    Cigarette tax progresses, income tax hike in limbo - DailyHerald.com

    THE BIG ONES Headquartered in IL (aka Fortune 500 Co):
    McDonald's
    Sears
    Caterpillar
    John Deere
    United Airlines
    Boeing
    AON
    RR Donnelley
    Exelon
    Smurfit Stone Container
    Tribune Co
    USG Corporations
    Abbott Labs
    Allstate
    Baxter
    Brunswick
    CDW
    Fortune Brands
    Hewitt Assoc
    IL Tool Work
    Motorola
    Navistar
    NiSource
    Sara Lee
    Tenneco
    United Stationers
    Walgreens
    WW Grainger
    List of companies in the Chicago metropolitan area - Wikipedia, the free encyclopedia




    The following companies have headquarters within the Chicago city limits:

    Aon Corporation (ranked #298 on the 2010 Fortune 500 list)
    A.T. Kearney
    Bally Total Fitness
    Boeing (ranked #28 on the 2010 Fortune 500 list)
    CareerBuilder
    Chicago Board Options Exchange
    CME Group
    Chicago Stock Exchange
    Citadel Investment Group
    Classified Ventures
    CNA Financial (an affiliate of Loews Corporation)
    Diamond Management & Technology Consultants
    Encyclopædia Britannica, Inc.
    Equity Office Properties Trust
    Exelon (ranked #134 on the 2010 Fortune 500 list)
    GATX Corporation
    General Growth Properties
    Global Hyatt
    Hartmarx
    Hostway
    Integrys Energy Group
    InterCall
    Jones Lang LaSalle
    Kerasotes Theatres
    Koval Distillery
    La Petite Academy
    Magnetar Capital
    Merisant
    Metal Management
    Midway Games
    MillerCoors
    Morningstar, Inc.
    Morton Salt
    National Stock Exchange
    NAVTEQ
    Northern Trust
    Old Republic International
    Orbitz
    Playboy Enterprises
    PTI Securities & Futures
    Quaker Oats Company, a unit of PepsiCo
    RR Donnelley (Ranked #240 on the 2010 Fortune 500 list)
    Ryerson, Inc.
    ShoreBank
    Skidmore, Owings and Merrill
    Smurfit-Stone Container (Ranked #374 on the 2010 Fortune 500 list)
    SSA Global Technologies
    SymphonyIRI Group
    Telephone and Data Systems Incorporated
    Tootsie Roll Industries
    TransUnion
    Tribune Company (Fortune 500)
    True Value
    UBid
    United Airlines (Corporate Offices) (Ranked #140 on the 2010 Fortune 500 list)
    Unitrin Inc (S&P 400 MidCap, S&P 1500 Super Comp)
    U.S. Cellular
    USG Corporation (Ranked #458 on the Fortune 500)
    Whittman-Hart
    Wilson Sporting Goods
    World Book Encyclopedia
    Wm. Wrigley Jr. Company


    The following companies are based in Chicago's suburbs:

    AAR Corporation (Wood Dale, Illinois)
    Abbott Laboratories (Abbott Park, Illinois) (Fortune 500)
    ACCO Brands (Lincolnshire, Illinois)
    Accuquote (Wheeling, Illinois)
    Ace Hardware (Oak Brook, Illinois)
    ACNielsen (Schaumburg, Illinois)
    Alberto-Culver (Melrose Park, Illinois)
    Allstate (Northbrook, Illinois) (Fortune 500)
    Andrew Corporation (Westchester, Illinois)
    Anixter International (Glenview, Illinois)
    Aquascape, Inc. (St. Charles, Illinois)
    Arthur J. Gallagher & Co. (Itasca, Illinois)
    Baxter International (Deerfield, Illinois) (Fortune 500)
    BFG Technologies (Lake Forest, Illinois)
    Blistex, Incorporated (Oak Brook, Illinois)
    Brunswick Corporation (Lake Forest, Illinois) (Fortune 500)
    Calamos Holdings LLC (Naperville, Illinois)
    Career Education Corporation (Hoffman Estates, Illinois)
    CDW (Vernon Hills, Illinois) (Ranked #376 on the Fortune 500)
    CF Industries (Deerfield, Illinois)
    Claire's (Hoffman Estates, Illinois)
    Corn Products International (Westchester, Illinois)
    Così (Deerfield, Illinois)
    Coskata, Inc. (Warrenville, Illinois)
    Crate and Barrel (Northbrook, Illinois)
    Culligan (Rosemont, Illinois)
    DeVry University (Oakbrook Terrace, Illinois)
    Discover Financial Services (Riverwoods, Illinois)
    Donlen Corporation (Northbrook, Illinois)
    Eby-Brown (Naperville, Illinois)
    Electro-Motive Diesel (McCook, Illinois)
    Farm Progress (St. Charles, Illinois)
    Fellowes, Inc. (Itasca, Illinois)
    First Alert (BRK Brands) (Aurora, Illinois)
    Follett Corporation (River Grove, Illinois)
    Fortune Brands (Jim Beam, Courvoisier, Titleist and many others) (Deerfield, Illinois) (Fortune 500)
    Grant Thornton LLP (Oakbrook Terrace, Illinois)
    Griffith Laboratories (Alsip, Illinois)
    Hendrickson International (Lemont, Illinois; a subsidiary of The Boler Company (Itasca, Illinois))
    Hewitt Associates (Lincolnshire, Illinois) (Fortune 500)
    Hospira (Lake Forest, Illinois)
    IDEX Corporation (Northbrook, Illinois)
    Illinois Tool Works (Glenview, Illinois) (Fortune 500)
    Kraft Foods (Northfield, Illinois)
    McDonald's Corporation (Oak Brook, Illinois) (Fortune 500)
    Mead Johnson Nutrition (Glenview, Illinois)
    Molex (Lisle, Illinois)
    Motorola (Schaumburg, Illinois) (Fortune 500)
    Nalco Holding Company (Naperville, Illinois)
    Namco Cybertainment (Bensenville, Illinois; a subsidiary of Japan-based Namco)
    Navistar International (Warrenville, Illinois) (Fortune 500)
    Nicor (Naperville, Illinois) (S&P 500)
    NiSource (Merrillville, Indiana) (Fortune 500)
    Northfield Laboratories (Evanston, Illinois)
    OfficeMax (Naperville, Illinois)
    Pactiv (Lake Forest, Illinois)
    The Pampered Chef (Addison, Illinois)
    Portillo's Restaurants (Oakbrook Terrace, Illinois)
    Quill Corporation (Lincolnshire, Illinois)
    Rand McNally (Skokie, Illinois), a subsidiary of Quebecor World
    Redbox Automated Retail, LLC (Oakbrook Terrace, Illinois)
    Sanford (Oak Brook, Illinois; a division of Newell Rubbermaid)
    Sara Lee Corporation (Downers Grove, Illinois) (Fortune 500)
    Sauer-Danfoss (Lincolnshire, Illinois)
    Sears Holdings Corporation (Hoffman Estates, Illinois) (Fortune 500)
    Serta (Hoffman Estates, Illinois)
    Shure (Niles, Illinois)
    SIRVA (Westmont, Illinois)
    Solo Cup Company (Highland Park, Illinois)
    Stepan Company (Northfield, Illinois)
    TAP Pharmaceuticals (Lake Forest, Illinois)
    Tellabs (Naperville, Illinois)
    Tenneco (Lake Forest, IL) (Fortune 500)
    Topco Associates, LLC (Skokie, Illinois)
    Turtle Wax (Willowbrook, Illinois)
    Ulta (Bolingbrook, Illinois)
    Underwriters Laboratories (Northbrook, Illinois)
    United Airlines (Base of Operations) (Elk Grove Township) (Fortune 500)
    United Stationers (Deerfield, Illinois) (Fortune 500)
    U.S. Foodservice (Rosemont, Illinois)
    U.S. Robotics (Schaumburg, Illinois)
    Van Kampen Investments (Oakbrook Terrace, Illinois)
    Vanee Foods (Berkeley, Illinois)
    Velsicol Chemical Corporation (Rosemont, Illinois)
    Walgreens (Deerfield, Illinois) (Fortune 500)
    Weber-Stephen Products Co. (Palatine, Illinois)
    Westell (Aurora, Illinois)
    WMS Gaming (Waukegan, Illinois)
    World Dryer (Berkeley, Illinois; a subsidiary of Carrier Commercial Refrigeration)
    World Kitchen (Rosemont, Illinois)
    W. W. Grainger (Lake Forest, Illinois) (Fortune 500)
    Zebra Technologies (Vernon Hills, Illinois)
    Zenith Electronics (Lincolnshire, Illinois; a subsidiary of South Korea-based LG Electronics)


    Other large corporations with an established presence in Chicago and/or its suburbs (but whose corporate headquarters are located elsewhere), including:

    ABN AMRO (Asset Management)
    Accenture (Chicago; Global headquarters: Dublin, Ireland)
    Acxiom (Downers Grove, Illinois)
    Affiliated Computer Services (ACS) (Schaumburg, Illinois) (Fortune 500)
    Ajinomoto (Ajinomoto Food Ingredients LLC & Ajinomoto Heartland LLC) (Chicago)
    AkzoNobel (Polymer Chemicals Unit)
    ALDI (U.S. headquarters: Batavia, Illinois)
    Amada Co (Amada Machine Tools America) (Schaumburg, Illinois)
    ArcelorMittal (U.S. headquarters: Chicago Loop; plants in Riverdale, Illinois, East Chicago, Indiana, and Burns Harbor, Indiana)
    Astellas Pharma (Deerfield, Illinois)
    AT&T
    Bank of America
    Bank of Montreal (Harris Bankcorp, BMO Capital Markets)
    BMW of North America (Central Region Office) (Schaumburg, Illinois)
    BP (Warrenville and Naperville, Illinois; Whiting, Indiana)
    Bridgestone (Bridgestone Retail Operations, LLC) (Bloomingdale, Illinois)
    Butterball LLC (Naperville, Illinois)
    Canon USA (Itasca, Illinois)
    Cargill (Chicago; Hammond, Indiana)
    Caterpillar Inc. (Peoria, Illinois)
    Citgo (Lemont Refinery, Lemont, Illinois)
    ConAgra Foods (Downers Grove, Illinois)
    Continental Automotive Systems (Temic) (Deer Park, Illinois)
    CSX Transportation (Northern Region Operations Center) (Calumet City, Illinois)
    Dyson Appliances Limited (Dyson US) (Chicago)
    Experian (Schaumburg)
    FANUC (Hoffman Estates, Illinois)
    Fitch Group
    Ford Motor Company (Chicago Assembly, Chicago Heights Stamping)
    Fujifilm (Fujifilm Medical) Hanover Park, Illinois)
    General Electric
    Goldman Sachs
    HSBC Finance, a subsidiary of HSBC (Mettawa, Illinois)
    Hyundai Motor Company (Aurora, Illinois)
    IBM
    Ineos/Innovene (Chicago and Naperville, Illinois; Whiting, Indiana)
    JPMorgan Chase (See: Bank One Corporation)
    Lucent Technologies
    Makino (Elgin, Illinois)
    McKesson Corporation (Wheeling, Illinois)
    McGraw-Hill (Chicago Loop)
    Microsoft (Chicago Loop; Downers Grove, Illinois; Northlake, Illinois (data center))
    Mintel
    Mitsubishi Electric (Mitsubishi Electric Automation, Inc.) (Vernon Hills, Illinois)
    Mitutoyo (Aurora, Illinois)
    Mori Seiki (U.S. headquarters: Hoffman Estates, Illinois)
    Navigon (Navigon Inc., Chicago)
    NEC (NEC Display Solutions) (Itasca, Illinois)
    Nissan Motors (Aurora, Illinois (Nissan North America); Marengo, Illinois (Nissan Forklift))
    Noritake (Arlington Heights, Illinois)
    Nortel (Schaumburg, Illinois)
    Northrop Grumman Electronic Systems (Rolling Meadows, Illinois)
    OMRON (Schaumburg, Bannockburn, St. Charles)
    Panasonic Corporation (Panasonic Factory Solutions Company of America) (Rolling Meadows & Buffalo Grove, Illinois)
    Pearson Education, publishing as Scott Foresman (Glenview, Illinois)
    PepsiAmericas (corporate offices) (Schaumburg, Illinois)
    Popular, Inc. (Banco Popular North America) (Rosemont, Illinois)
    Rexam
    Robert Bosch Corp. (Broadview, Illinois (automotive aftermarket); Mount Prospect, Illinois (production tools); Hoffman Estates, Illinois (Bosch Rexroth))
    Rockwell Automation (Burr Ridge, Illinois)
    SAP AG (Downers Grove, Illinois)
    Schneider Electric (Palatine, Illinois)
    Siemens Healthcare Diagnostics (U.S. headquarters: Deerfield, Illinois)
    Siemens Medical Solutions (Hoffman Estates, Illinois)
    Smithfield Foods (Armour-Eckrich Meats LLC) (Lisle and St. Charles, Illinois)
    Southwest Airlines (Chicago Midway International Airport)
    SSAB North America (Lisle, Illinois)
    STMicroelectronics (Schaumburg, Illinois)
    Sumitomo Corporation of America (Rosemont, Illinois)
    Takeda Pharmaceutical Company (U.S. headquarters: Deerfield, Illinois)
    Toshiba America (Arlington Heights; Buffalo Grove; Chicago Loop; Rolling Meadows)
    Toyota Motor Sales, U.S.A., Inc. (Aurora and Naperville, Illinois)
    Tyco International (Tyco Electrical & Metal Products) (Harvey, Illinois)
    UBS AG
    Unilever (Home & Personal Care North America) (Chicago)
    UPS (CACH) (Hodgkins, Illinois)
    UOP LLC, a subsidiary of Honeywell (Des Plaines, Illinois)
    U.S. Steel (Gary Works) (Gary, Indiana)
    Willis Group Holdings (Chicago Loop - Willis Tower, Schaumburg, Illinois)
    XL Capital (Chicago Loop, Schaumburg, Illinois)
    Yaskawa Electric Corporation (Waukegan, Illinois)
    ZF Friedrichshafen (Vernon Hills, Illinois)
    Zurich Financial Services (Schaumburg, Illinois)
     

Share This Page