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Pat Quinn wants to make his 5% income tax permanent…. which was “supposed to” expire at the end of this year.
Bruce Rauner wants to lower the Quinn-Madigan income tax hike from 5% to 3% over his first four years in office.
"How much will that 2% actually save me each year," you ask?
Let’s take a look at how much a recent grad will save.
Average starting salary: $45,327
Average starting salary after taxes in Illinois:
5% income tax rate: $40,876
3% income tax rate: $41,736
You save: $860!
Do you know what you can do with $860?
172 shots of Fireball
1,433 60¢ boneless wings from B-Dubs
215 Pumpkin Spice Lattes
86 pizzas
8 pairs of glasses from Warby Parker
3-Day Lollapalooza passes for you and two of your best friends
95 Uber X rides
An all inclusive 4 night trip with flight to Cancun, Mexico!
Whatever you choose, we assure you it is more fun than giving it to this guy.
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