Formerly the Land of Lincoln, now the Land of Blue State Governance Blues, Illinois…population has declined for 10 consecutive years. …Since 2000, more than 1.5 million have fled, costing an estimated $3.6 billion in income tax revenue in 2022 alone, a year the net loss of 87,000 reside...
Illinois. (Mayor Richard M. Daley seeks state income tax increase for Chicago schools)(Around the Nation)Hattori, April
How do state taxes work for LLCs in Illinois? Unless LLCs elect to be treated as corporations, state taxes are applied to them in the same way federal taxes are—one time, at the personal income levels of its members.by Shopify Staff Published on 4 Jul 2022 ...
Tennessee has nopersonal income tax, keeping household expenses slightly lower than elsewhere. The state also has a low unemployment rate, at3.5% at the end of 2022, according to the Bureau of Labor Statistics. More good news for Tennesseeans: The average effective property tax rate in 2022 i...
Texas does not have a state income tax, giving residents more disposable income. #14. Michigan Canva #14. Michigan Average Cost of Living Index: 92.2 Housing costs are almost 20% cheaper in Michigan than the national average. In 2022, two Michigan cities—Detroit and Grand Rapids—ranked in...
proposed raising income taxes for middle-and upper-income taxpayers, ending a $500 state tax credit for local property taxes paid on homes and motor vehicles, raising the higher general sales tax, and hiking other taxes on luxury goods, rental cars, hotel rooms and cigarettes. The higher taxes...
Monday, November 14, 2022 Forbes: Illinois #1 state people are leaving Last week's overwhelming electoral win for Democrats to grow their control of all governing branches of Illinois would make outsiders think that things were great in the solidly, deep, dark blue state. ...
The law now prohibits the use of non-compete agreements for workers earnings less than $75,000 a year. The minimum threshold rises to $80,000 per year on January 1, 2027; $85,000 per year on January 1, 2032; and $90,000 per year on January 1, 2037. As of January 1, 2022, th...
On a per-capita basis, Illinois ranked 16th. Illinois’ per-capita rate of $1,738 was above the national average of $1,412, but remains well below the 1st ranked state in this category, Oregon, at $3,136 per capita. Category 3: State Government Corporation Net Income Tax Revenue ...
While Test & Measurement was down 3%, Electronics was up 1% in the quarter after being down 3% last quarter, and this marked the first quarter of positive growth in Electronics since the end of 2022, and we're beginning to see increase semiconductor customer activity, suggesting that perhaps ...