STATES need to tax wealthy since Congress extended W tax cuts 4 rich

[StarsInHerHair]

this would likely require each State voting for it, but since an 80% or so agree that the wealthy need to begin sharing the burden. Just a quick post as a response to the news I just saw..........possible cut to end a Police Academy School! Alongside cuts that eliminate more teachers, police, firefighters, etc.

[dkf]

1. The thing is the states are competing for businesses based on tax rates.

We will see if raising rates works or not in IL.

[ErikJ]

2. We raised it a couple % on the rich here

And they were threatening to leave the state. But it squeaked by anyway. It has to be a national thing. Or they just threaten to leave- or stay away.