Nine corporations get to keep the state income taxes paid by all of their employees. No money for children, the elderly, the disabled, our infrastructure?
Yes. Nine of the largest corporations in Illinois get to keep the state income taxes they collect from their employees. Elected officials approved this.
Illinois claims that it is too broke to pay for:
- mental health clinics
- Medicaid extensions for the poor and disabled
- public schools and career teachers
- special education services
- infrastructure repairs
- contracted earned compensation to retired employees (pensions)
- and more – many more – necessary services.
The state is also cutting the state income tax from 5% to 3.75%. Yes, cut state revenue because the state lacks sufficient revenue as the state declares that the state is broke.
While this self destructive activity is going on, the largest Illinois corporations will continue to keep the state income taxes that their employees…
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