Illinois

Can someone explain to me what exactly is going on and why it's a big deal? I keep hearing how it's financially worse than the hell hole that is Detroit. Just want a quick rundown of why this state is fucked (saying it's been Dem run for 100yrs is obvious).

>spoon feed me because i'm too much of a retarded reddit nigger to search the catalog
literally you

Because the niggers in Chicago get about $300,000 each over their short lifetimes. Eventually that shit caused the state to run out of money.

It sums down to demographics
The state, along with almost every other state in the country, signed off on generous pensions and benefits decades back. Boomers are currently retiring and drawing on said pensions, but there's not enough people paying into them and the collapse and stagnation of the American economy has made things worse

Illinois is just the first state to fall. They did pass a budget though, but it's just kicking the can down the road

It's obvious Missouri is that much better, they killed themselves. Seriously though niggers and communists.

old people were a mistake
then again, so was illinois
and st. louis, actually
can we please sell this shithole back to the french

Boomers didn't think 2017 would be here so fast

Turns out paying expensive pensions to state employees and welfare for non contributing members of society isn't a workable economic system.

>They did pass a budget though

yeah not really. The state is billions of dollars in debt. All they did was vote tp increase taxes by 32%. The Governor, Bruce Rauner, vetoed the tax raise, but it seems the Assembly isn't having it and are going to override the veto and institute the tax rate increase, thus killing the struggling middle class and small businesses. The minuscule economic growth these past few years is done for. The economy is going to contract now. I live in Illinois, but once I graduate from college, I'm leaving this shithole. It will burn to the ground sooner or later. Don't want to be around here for much longer.

>Not enough being paid in vs. taken out
>only solution to this is to disincentive use working even more
Absolutely fucking brilliant

Highest tax burden in the country.

> 7% corporate tax.
> 4.95% Income tax.
> 6.25% Sales tax.
> 2.32% property tax (2nd highest in country)
> Toll roads everywhere important.
> More taxes in crook county.

Have some shitty OC.
>mfw I leave the state

They wrote into our state constitution the paying of enormous pensions for small achievements. It is legal to not pay police, but illegal to not pay pensions.

250b unfunded liability

the veto was already overwritten thanks to turncoat republicans.

it literally passed with the exact amount of votes needed.

...

Bump

>thanks to turncoat republicans.

Does this mean there are any actual republicans in office in Illinois?

You learn something new every day.

Jews*(Niggers+Leftists) = Chicago

That's not true.

Illinois, like many other blue states, made deals with unions for large pension payouts. The unions got high pay and outstanding pension benefits and the Democrats got guaranteed votes. Quid pro quo.

The state investment funds, in order to make the numbers work, fudged the return rates, factoring 7% returns when 3 or 4% was realistic and what many earned. Now they have pension mandates they can't possibly pay.

The argument that it's demographics is often tossed out as a fix to it-- increase growth so you can make the promised payouts. But it is not the cause.

>Americans think these are high taxes

All it pays for is pensions for government employees and welfare. It's not like we actually get infrastructure and universal healthcare for it. Also remember that those are on top of federal taxes.

That's the reason they couldn't pass a budget: Republican refused to sign anything except a balanced budget.

Its the next piece being moved in to place to trial the potentialities of the upcoming financial collapse.

IL fag here, QCA. Can't find a fucking job to save my miserable life. Even when I do, it'll be some shit minimum-wage cuckery, and I'll likely be fired within a month or quit because I lack the fortitude to tolerate anal ravaging on part of our kike overlords and an inability to smile on command.

>need to pay for gibs and to handle chicongo bullshit
>price is higher than it can afford/make
>lets tax the people!
>repeat until the all the productive people and businesses leave
>gibs still need to get haved, and nigs still need to nig
>less people to tax, so lets borrow money instead!
>no money, no working citizens, no good businesses, only a state dedicated to handling a city of niggers' bullshit

thats just state taxes though, in addition to federal taxes. do swedes have something like state taxes on top of federal taxes? also, we aren't socialist faggots.

Illinois almost canned a semester of education last year because they can't finance properly.

TL;DR: they chose to slap a bandage on their boomer/nigger infection rather than doing the painful but necessary thing and having them surgically removed.

That doesn't include Federal Taxes, cuck.

Not so simple :( They have already have rooted themselves here by bunny fucking out tew generations of legal citizaz

Basically Chicago has always caused trouble in the state of Illinois; mainly because of Madigen and Blagojevich running it like a damn casino or private bank. Many Illiniosians want to cut Chicago off and maybe better off. Chicago is a sanctuary city, so city officials and governors use that as way to get votes; this explains why shootings are high and why the city is a city of cucks. Chicago also is the city that dictates how thing run in Illinois and never want to conform to what the rest of the state is doing. So yeah, there is many other things at play and this is what I see and hear.

>sanctuary cities explains shootings
nah its nearly entirely dindus doing the shootings. cicero is loaded with illegals and is pretty much murder free. the chicago spics leave garbage everywhere and listen to mexican polka, and deal drugs, but they aren't as violent as the dindus.

NIGGERS and more NIGGERS !!

It adds up when you consider this is just what you pay to the state. There are federal taxes and in some states, county and/or city taxes, school district taxes, car taxes (this is a thing in Arizona if I remember correctly) plus various fees for anything you may need to register with the government.

This.

Illinois has put 3 governors in jail

I wish we could have a referendum to remove Chicago from Illinois. I feel like at least 60% of our financial problems would be solved plus we would go red in 2020.

not only are you a racist but ageist as well. good to know.

Good luck little duck