Tax Freedom Day in Illinois
The Bloomington Pantagraph appears to be the only paper reporting this. The whole editorial is a great read and points to both Republican and Democrat leadership deficiencies.
Breathe a sigh of relief Illinoisans. Today you shed the bonds of taxation. Tomorrow you finally begin working for yourself instead of the taxmen. Well, not exactly but at least theoretically.Horrible. This is the reason we are lagging behind in job creation. This is the reason wages are stagnant in Illinois. This is the reason why businesses and people are moving out of state. This is the reason why families are stressed to the brink needing both parents earning wages. This is the reason crime isn't dropping as fast as we would like. This country was founded on the principles of economic freedom, and we are getting closer to being slaves to the government every year. Read more...
This is the official Tax Freedom Day in Illinois, as designated annually by the nonpartisan, nonprofit Tax Foundation.
In other words, we have been working 120 days just to pay for this year's local, state and federal taxes.
For the mathematically challenged, that's darn close to one-third of the year - and approaching half of the year's "work days."
The tax figures are based on data from the Department of Commerce's Bureau of Economic Analysis and includes the typical income taxes, sales taxes and even real estate taxes.