Backyard Conservative points out how well "Democratic" tax-the-rich ideas are going in Illinois. (umm not well)
Mar 2011 Beachwood reporter points out:
"Black people living in Chicago make 45 cents for every dollar that a white Chicagoan makes."
"In Chicago, nearly one third of African Americans live in poverty - more than three times the rate for white Chicagoans. Only Latinos in Philadelphia and Phoenix are experiencing poverty at higher rates than black Chicagoans among any race or ethnic group examined among the nation's 10 largest cities."
From Second City or dead last? Five shocking facts about Chicago Feb 2011:
"Out of the largest U.S. cities, Chicago is number one when it comes to the unemployment rate for African Americans -- 21.4 percent. That's more than two and a half times the average for white people living in the same 10 cities."
From 2008: "One of the great fables urban lovers of Chicago like to talk about is some comeback of the city. The comeback, according to this urban legend, involves white families staying in Chicago to raise their children. With Chicago’s 150,000 white population decline from 1990 to 2000: Chicago was only 31.3 percent non-Hispanic white. What is even more pronounced is the lack of white children in the public school system. The entire Chicago Public School System is only 9 percent white. Not a single public high school has a population that is majority white. Not one."
Current research shows the population decline in Illinois from Jan 2011:
- Illinois’s high tax ways have already prompted a net of 1,227,347 residents to move to other states between 1991 and 2009, or about one resident every 10 minutes.
- This mass exodus represents more than $163 billion in net income loss between 1995 and 2007, which will only be exacerbated by the tax hikes.
- Because of this mass exodus the state has lost $16.9 billion in state and local tax revenue between 1995 and 2007.
- The tax increases will immediately cost the average Illinois household $1,488 more in taxes.
- The tax increases will cause the state to lose approximately 268,660 jobs over the next three to five years.
So, ya think more people will move to Illinois and Chicago now?!
ha ha ha...he he he... ha ha ha ha ha!