True. Balancing the budget doesn't address the state's debts. Two different things. However, it's a step in the right direction.
Well, if you are suggesting the inflation and higher prices Trump is driving isnt good for us all I'll have to reconsider. In fact, I think you are right... Trump's price spikes are hurting America and driving inflation reducing purchasing power from everyday people and making mega-corporations richer and richer. What can we do about it?
Explain.
As my2¢ explained, your premise is false. Illinois collects less money in gasoline tax when higher prices lead to conservation. Being taxed by the gallon means the driver pays the same tax on ten gallons of two dollar gas as on five dollar gas.
It’s President Trump’s fault they charge nearly 50 cents per gallon on gas plus a sales tax of 6,25%?Well, who would have thought that Donald Trump would be the white knight Illinois needed to balance its budget? Illinois was able to close their entire budget shortfall with increased revenues from gas taxes due to the sky rocketing price of gas. The state owes Donald Trump a thank you for the revenue. Not only does Trump make oil companies rich he is MIGA.. Make Illinois Great Again.
Illinois lawmakers pass $56B budget deal backed by gas tax windfall and some election-year tax breaks
Democrats’ plan calls for diverting $150 million of gas sales tax windfall — money that otherwise would flow to mass transit — to help fund day-to-day state operations and stave off cuts.www.chicagotribune.com
SPRINGFIELD — Illinois lawmakers went into overtime and worked into the early morning Monday to send Gov. JB Pritzker a nearly $56 billion election-year state spending plan that was balanced, in part, with an anticipated windfall of sales tax revenue resulting from soaring gas prices.
Pritzker and fellow Democrats are building their November general election campaigns around the issue of affordability, blaming Republican President Donald Trump and his allies for cuts to social programs and for rising prices on necessities — most notably gasoline, which has jumped from an average of about $2.91 per gallon in Chicago to $4.82 since the Iran war began in late February.
Yes...to all of that.
Whenever I've driven through Illinois, a stop is made in Janesville to top off the tank...Zero of my money is spent in that state, if it can possibly be avoided.
Cut the budget, stop wasteful, fraudulent, and egregious spending of taxpayer dollars then we can truly assess if the high income earners are paying their “fair share”.
I already posted it (post #3)....No need to repeat myself to lying idiots.
All of that money and much more has been thrown away in wars alone.
Most gas taxes I have seen are a set amount per gallon, not a percent of the total like a sales tax
The OP says they will close their budget with Gas revenue from higher prices... what is left out? Revenue come from people buying gas in Illinois. No shit sherlock. That is the OP, its not left out. Brain work is hard I guess.
Its TRUMP'S PRICE INCREASES on gas that are driving taxes up. They didnt raise gas tax. They recognized that their percent times a much higher Trump price is bringing in more money. What dont you understand? Brain work is hard. Try it.
I did the same thing when driving to LA. Fill up in Arizona on the way and back.
