State of ILLINOIS picking your pockets

[mike w]

Estimate your Illinois Internet sales taxes




Technically, Internet shoppers are supposed to report and pay for untaxed online purchases when they file their annual state returns, though few do.

Online merchants have argued that requiring them to navigate the varied rules and rates of more than 7,500 local taxing jurisdictions would be a nightmare.

To make things less complicated, the national Streamlined Sales Tax Governing Board was created a decade ago. The group of 24 states is pushing for federal legislation that would require online merchants to collect sales taxes for states that streamline their rules.

Estimating your Internet purchase tax

On tax forms this year, Illinois is offering residents a way to estimate how much they owe in state sales taxes for Internet purchases based on their adjusted gross incomes:

$0-$10,000 — $3

$10,001-$20,000 — $9

$20,001-$30,000 — $15

$30,001-$40,000 — $21

$40,001-$50,000 — $27

$50,001-$75,000 — $38

$75,001-$100,000 — $52

Above $100,000, multiply adjusted gross income by 0.06.

Source: Illinois Department of Revenue

 

[A Snake]

the "user tax" has been a law for years....most people are not even aware of it. It not only applies to internet purchases but to any thing bought across state lines that is not taxed or not taxed at the Illinois rate.
Now, think about this: gasoline, cigarettes, liquor and maybe even sex. What a nitemare this could become.
I began tracking my internet purchases this year so I can report the actual amount that I did not pay tax on(make sure to take the shipping and handling).

 

[A Snake]

Now about the 2% income tax increase....now at 5% for all I repeat all persons receiving a paycheck. This includes minimum wage earners. This not a graduated tax but a flat tax. Several years ago Illinois saw fit to mandate increases in minimum wages...the first year it generated $15,600,00 in new income tax revenue from the estimated 1/2 million minimum wage earners...I have not run the numbers with each annual increase that was put in place. but you get the idea.
Thank goodness our 2% increase is only for four years...yeah....right.