Something to scare you on Halloween
Yes it is that time of the year for the Democrats in Illinois and all over the country to scare you with their tax hikes. They will be used for all their little pet projects like raising my taxes here in St Clair country to pay for the transit system in Chicago.
Here is a little of what is coming form the Democrats here in Illinois:
Find below a sampling of tax increases Democrats have proposed in 2007:
Federal, State, County and City Taxes to be raised
Chicago Democratic Tax Increases: $292 million
1. 15% property tax increase
2. Higher water taxes
3. Higher sewer taxes
4. Higher phone taxes
5. Higher beer taxes
6. Higher wine taxes
7. Higher liquor taxes
8. Higher leased car taxes
9. Higher office equipment taxes
10. Higher parking taxes
11. New 15 cent per square foot tax on new office space
12. New $120 annual tax on SUVs
13. New 10 cent tax on bottled water
Collar County Democratic Tax Increases: $158 million
14. Increased Cook and Lake county sales tax
(This is to bail out the CTA which the Illinois Inspector General reported has a 46% absentee rate and several floors of its headquarters have been unoccupied for years).Cook County Democratic Tax Increases: $888 million
15. Triple sales taxes
16. Double gas taxes
17. Double parking taxes
(This is to hire 1,100 new employees, including patronage jobs)State of Illinois Democratic Tax Increases: $7 billion
18. New Gross Receipts Tax (Delayed by the state legislature)Federal Expected Democratic Tax Increases: Tens of Billions
19. Alternative Minimum Tax: increased from 4 million paying to 23 million
20. Marginal Tax Rate Increase: Current tax relief will expire, raising the rate to 39%
21. Social Security Tax increase: lifting the $94,000 income cap on FICA tax
22. Dingell Carbon Tax: New federal property tax against any home over 3,000 square feet.
Crossposted at Grizzly Groundswell
