Saturday, March 14, 2009

Tax Hike - no hoax

You have already heard that California is near bankrupt, now we find out that Illinois may raise 50% income tax on people. This is because as more people lose their jobs, less money is coming into the state so they need to make up the shortfall by taxing more those individuals who still have jobs.

Make sense that for our government to operate all its new programs to help the poor it will need more money. This means more tax hikes for you and me. This is no hoax.

No comments: