End of Illinois tax madness will only come with new lawmakers
Mike Babcock, Republican candidate running for House District 111, wants to “end the madness” plaguing Illinois taxpayers statewide whom he professes are shouldering far more than their fair share of the state’s burden.
WalletHub, which studies economic trends, recently determined that Illinois has an overall tax rate of 10.19 percent, placing it squarely as the nation’s 10th highest. Its property tax category ranks as the second highest in the U.S., after only New Jersey.
“The property taxes are actually the highest in the nation according to various (other) sources throughout the United States,” Babcock said.
While the Prairie State’s income tax is not the nation’s absolute highest, Babcock pointed out that its taxpayers suffer in the final analysis because of limited deductions imposed from Springfield.
“One thing people forget is the fact that in most states you can write off many items on your taxes,” Babcock said. “In Illinois, there are very few tax deductions if any at all. So when you add this to the highest property tax, it becomes very questionable at best as to whether or not we do have the highest tax when you add it all together.”
Babcock stated that the real question is about when and how the impasse ends.
“The madness ends when you elect someone whose values and record reflect fiscal responsibility and not reckless behavior,” he candidate said. “That person is Mike Babcock for state Rep.”
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