On: Illinois Bet on Video Gambling and Lost

[clint]

state income tax is laughably low

[hermitdev → clint]

The income tax is low, but property and sales taxes are also high. Want to buy a drink in Chicago? You're going to pay around a 12% tax on that drink. In Illinois, they get you coming and going.

[ComputerGuru → clint]

The state income tax is not used for education, which is individually funded by counties via property taxes, which more than make up the difference.

[selectodude → clint]

Illinois was never supposed to have an income tax, and didn't have one until 1970. Our property taxes are very high for that reason.

[_rjlt → clint]

4.95% flat rate is pretty high.

[notfromhere → _rjlt]

the states around illinois have a higher income tax, but they also have a progressive tax system which lessens the pain for lower income households.