Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. User Boards ›
  4. Keeping it Real Message Board

Illinoisans Fleeing State by Tens of Thousands o

Message Board Public Reply | Private Reply | Keep | Replies (0)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 51866
(Total Views: 123)
Posted On: 05/22/2018 7:41:17 PM
Avatar
Posted By: PoemStone
Re: cashclan #31211
Illinoisans Fleeing State by Tens of Thousands
over Taxes and Financial Loss < >

Illinois is losing more citizens than nearly every other state, and according to reports, the biggest reason citizens are leaving is that they can no longer afford to live in the Land of Lincoln.

Certainly, Americans move from place to place for a large variety of reasons. From new jobs, to schooling, to weather and family, Americans are a people motivated by the need for change. But in Illinois, one of the major reasons to seek a change of venue is because the state is simply taxing them out of their homes, according to Chicago’s WGN TV.

According to reports, Illinois alone lost 33,703 citizens to outward migration last year. In 2016, the state lost another 37,508 people. A report by the Chicago Tribune also noted that Chicago has been a net loser of its citizens for the last three years running. And the surrounding county was also a net loser of its population.

Indeed, Chicago is unique in the U.S. for being the only major city that has consistently lost citizens over the last five years. The Tribune’s editorial board even published an editorial saying that it no longer makes any sense to live in Illinois.

Because so many citizens are leaving, Illinois dropped from fifth-largest state to number six in 2017, the Tribune reported last year.

One Chicago couple who moved to Tennessee told WGN that the move gave them back an amazing 25 percent of their income that would no longer be lost to property taxes and other expenses associated with living in the deep blue state of Illinois.

Another ex-Chicagoan told WGN that her property tax in Tennessee was the same as those she paid in Chicago, but the size of her property in the Volunteer State is far larger than what she had back home.

Best-selling author Brad Thor, who calls himself an “economic refugee,” told WGN that he fled Chicago to stop “aiding and abetting” the city’s corruption.

“I was aiding and abetting a corrupt system in Illinois,” he said explaining why he moved to the Nashville, Tennessee, area. “We’d all had it,” he said of why he and others left Chicago.

With so many leaving Illinois, it is no wonder that moving van Line company United Van Lines ranked the state as number one for outbound moving vans.

So, how is the state’s legislature reacting to the tens of thousands of constituents leaving every year over high taxes? Well, legislators are proposing a massive tax hike, naturally.


(0)
(0)




Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP





Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us