If a bill passes the Missouri Senate, you could be seeing additional money in your bank account. The proposal would result in a $500 refund for each taxpayer in June.
When you rank all the states by residents in the state with the biggest tax burden, Illinois comes out in the top 10 of the list and places a heavy tax burden on its citizens.
In the tri-state area, Chicago ends up being the butt of a lot of jokes. That's no big surprise since it's one of the biggest metros in the country and most of our area are smaller communities built on agriculture. It's obvious that many love the idea of Chicago separating from Illinois, but you should know there is a very big catch.
As you probably already know, Illinois leads the Midwest (and is near the top in the nation) in outbound migration. When people who are moving out of our state are asked why, the number one reason, by a wide margin, is a one-word answer: taxes.
In the year 1964 Bob Dylan wrote “The Times They Are A Changing” and little did he realize how much they would change. The Internet, cars that drive themselves, phones without cords attached, pizzas being delivered by drones and I could go on and on...
Let’s back up. A couple weeks ago, the air conditioner on Justin Bieber’s tour bus went out and instead of cranking down the windows like some knuckle-dragging Neanderthal, Biebs and crew crashed at the Hoffman Mansion up in Hamilton for the night...
It is tax season, and with it comes the agony for some of doing their tax returns. It's long hours of putting the numbers together and by the end of the process you probably will be ready to pull your hair out. Well, if you choose to do your own taxes with the comforting thought that the Internal Revenue Service is just a phone call away, good luck.