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Old 01-13-2011, 04:36 AM
 
20,251 posts, read 19,824,138 times
Reputation: 13332

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Like CA and we in NJ, IL has a huge budget deficit and powerful public worker's unions....

"Ill. House passes major tax increase"

"....The bill increases the personal income tax from 3 to 5 percent and the corporate rate from 4.8 to 7 percent...."


Maybe we in NJ can grab some of those business that flee IL.

Ill. House passes major tax increase | abc7chicago.com
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Old 01-13-2011, 05:24 AM
 
3,269 posts, read 9,915,293 times
Reputation: 2025
Quote:
Originally Posted by doc1 View Post
Like CA and we in NJ, IL has a huge budget deficit and powerful public worker's unions....

"Ill. House passes major tax increase"

"....The bill increases the personal income tax from 3 to 5 percent and the corporate rate from 4.8 to 7 percent...."


Maybe we in NJ can grab some of those business that flee IL.

Ill. House passes major tax increase | abc7chicago.com
Yeah right. The NJ business tax is already higher than 7%.
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Old 01-13-2011, 05:56 AM
 
Location: On the Rails in Northern NJ
12,380 posts, read 26,786,470 times
Reputation: 4580
Can we have a Wal Mart Tax ?
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Old 01-13-2011, 06:14 AM
 
Location: NJ
23,398 posts, read 17,072,575 times
Reputation: 17436
Default Everyone knew CA would fall into the sea

CA and IL who baffle the rest of the nation by generationaly re-electing the likes of Boxer, Pelosi and Obama have met their Darwinian fate.

The sad outcome of these states was quite predictive based on their traditional actions and policies that made them stand apart form the rest of the nation.
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Old 01-13-2011, 03:47 PM
 
20,251 posts, read 19,824,138 times
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Quote:
Originally Posted by Nexis4Jersey View Post
Can we have a Wal Mart Tax ?
What would that accomplish?
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Old 01-13-2011, 03:50 PM
 
Location: On the Rails in Northern NJ
12,380 posts, read 26,786,470 times
Reputation: 4580
Quote:
Originally Posted by doc1 View Post
What would that accomplish?
It would go to paying there employees the proper wage.....
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Old 01-13-2011, 10:33 PM
 
20,251 posts, read 19,824,138 times
Reputation: 13332
Quote:
Originally Posted by Nexis4Jersey View Post
It would go to paying there employees the proper wage.....
What's the "proper wage" for a WalMart Employee?

You want to tax a company and give the money to their employees? WTH kind of crackpot economy is that?
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Old 01-14-2011, 06:56 AM
 
Location: West Orange, NJ
12,546 posts, read 21,355,136 times
Reputation: 3730
Quote:
Originally Posted by Kracer View Post
CA and IL who baffle the rest of the nation by generationaly re-electing the likes of Boxer, Pelosi and Obama have met their Darwinian fate.

The sad outcome of these states was quite predictive based on their traditional actions and policies that made them stand apart form the rest of the nation.
the voters got themselves into the mess in CA. Economist had a good story on dec 4th about all the stuff californians voted in for spending, but never voted for any methods of paying for it (with their "direct democracy" prop system).

the voters only have themselves to blame for their mess.
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Old 01-14-2011, 06:57 AM
 
Location: West Orange, NJ
12,546 posts, read 21,355,136 times
Reputation: 3730
Quote:
Originally Posted by Nexis4Jersey View Post
It would go to paying there employees the proper wage.....
$9.50/hr for a cashier that usually doesn't have a GED is pretty good. everyone loves to bash wal-mart, but they bash them based on misconceptions.
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