How does a city like Chicago compare with New york or Boston?? (map, population)
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I don't imagine most of the people on this blog would be concerned with tax rates for incomes over $200K.
Taxing food is a tax on the poor. What is the sales tax in Chicago, 10.5%? Why not just tell the poor and working class to move out?
Food (at grocery stores) is taxed at something like 2% or so.
And while the top NYS tax bracket is 8.97, income over 20k is taxed at 6.85%, which is more than double the flat Illinois tax rate of 3.0%.
In addition to that, add in a NYC income tax of at least 3%, meaning someone of modest means earning 60k and living in NYC pays 10% in state and local income tax.
I most definitely looked at state income taxes when considering where to move. Illinois (flat 3%) and Massachusetts (flat 5%) seemed quite reasonable while California and NY were significantly higher at the relevant top income brackets.
At first I thought they were different people, but I find it hard to believe that eurous1, dementor, and northEnd are all people that felt the need to come to C-D and post incessantly not even about their own cities, but just against Chicago. Think about it. Ignore. There's actual people to discuss things with (although I thought Grapico had potential, but he's making some asinine arguments himself now).
yeah i guess your right, if you've been to the southside of chicago. buddy, people wouldn't go downtown if what you said were true. besides, if gangs is what you expect, then by all means why don't you take a visit?
At first I thought they were different people, but I find it hard to believe that eurous1, dementor, and northEnd are all people that felt the need to come to C-D and post incessantly not even about their own cities, but just against Chicago. Think about it. Ignore. There's actual people to discuss things with (although I thought Grapico had potential, but he's making some asinine arguments himself now).
Listen to Lucas. Hide from the truth, or else you might not like what you discover.
Food (at grocery stores) is taxed at something like 2% or so.
And while the top NYS tax bracket is 8.97, income over 20k is taxed at 6.85%, which is more than double the flat Illinois tax rate of 3.0%.
In addition to that, add in a NYC income tax of at least 3%, meaning someone of modest means earning 60k and living in NYC pays 10% in state and local income tax.
I most definitely looked at state income taxes when considering where to move. Illinois (flat 3%) and Massachusetts (flat 5%) seemed quite reasonable while California and NY were significantly higher at the relevant top income brackets.
Unfortunately, Illinois and Chicago have no personal deduction/exemption. Add to that the privitization of the parking meters for $3.50 per hour. Nice. What does it cost you in fees and taxes to go out to one of those world class dining establishments? Must be at least $40 going right to the City/State.
Unfortunately, Illinois and Chicago have no personal deduction/exemption. Add to that the privitization of the parking meters for $3.50 per hour. Nice. What does it cost you in fees and taxes to go out to one of those world class dining establishments? Must be at least $40 going right to the City/State.
Why would Chicago offer a personal exemption when it levies NO INCOME TAX? The state of Illinois has a small personal exemption of a few hundred dollars.
You seriously can't be suggesting that parking costs in NYC are cheaper (on average) than Chicago?
Face it, NY is a great city, but low COL is not one of its selling points.
Unfortunately, Illinois and Chicago have no personal deduction/exemption. Add to that the privitization of the parking meters for $3.50 per hour. Nice. What does it cost you in fees and taxes to go out to one of those world class dining establishments? Must be at least $40 going right to the City/State.
Haha. I HATE Chicago taxes, but honestly the tax increase is for anyone over $60K a year, and there is an associated excemption regardless. I don't own a car cause I jump the bus or train, but those meters are downtown, not residents. It would cost $40, but not if you took 4 minutes to figure out the city.
You should share more on Detroit, since that's where you're from...
Haha. I HATE Chicago taxes, but honestly the tax increase is for anyone over $60K a year, and there is an associated excemption regardless. I don't own a car cause I jump the bus or train, but those meters are downtown, not residents. It would cost $40, but not if you took 4 minutes to figure out the city.
You should share more on Detroit, since that's where you're from...
I'm not from Detroit. I grew up in Chicago and Milwaukee and live in Boston.
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