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The Water Cooler
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Illinois Residents face 66% tax increase ...
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<blockquote data-quote="Larry Morgan" data-source="post: 1432831" data-attributes="member: 4676"><p>Ummmm. Oklahoma income tax is 5.5%... This new Illinois bill raises theirs to 5%.. That article is written to be very misleading. Their previous rate was 3%. </p><p></p><p>Going from .03 to .05 is an increase of 1.66, or 66%. A 66% increase on a low number is still a pretty low number.</p></blockquote><p></p>
[QUOTE="Larry Morgan, post: 1432831, member: 4676"] Ummmm. Oklahoma income tax is 5.5%... This new Illinois bill raises theirs to 5%.. That article is written to be very misleading. Their previous rate was 3%. Going from .03 to .05 is an increase of 1.66, or 66%. A 66% increase on a low number is still a pretty low number. [/QUOTE]
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Illinois Residents face 66% tax increase ...
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