Originally posted by whodey
KN thinks all of life's problems can be solved through taxation and redistribution.
From July 2015 to July 2016, more people left Cook County Illinois than left any other county in the country. Reports Michael Lucci: “[T]he people leaving Cook County aren’t showing up in other parts of Illinois when the net movements of people are considered. In fact, most of Illinois is depopulating – 93 of Illinois’ 102 counties are experiencing net out-migration, and 89 of Illinois’ 102 counties have shrinking populations. Illinois’ dysfunctional government, weak job creation and ever-increasing tax burden help explain why. A Paul Simon Public Policy Institute poll released in October 2016 found that taxes were the No. 1 reason people want to leave Illinois.” [Illinois Policy Institute]
To be fair, Cook County, which contains the city of Chicago, is the second biggest county in the country. But if taxes are the biggest reason people are leaving now, what will happen when the city’s latest round of tax increases—amounting to nearly $1,700 per year per family—take effect over the next few years?