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Thread: Liberal cities across America are collapsing into Third World status, including Seatt

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  1. #331
    Senior Member Airbornesapper07's Avatar
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    Illinois' Shrinking Tax Base: Residents Are Leaving & Taking Their Incomes With Them




    There’s perhaps no indicator more damning of a state’s failure to govern than the flight of its residents to other states...People of every stripe are leaving Illinois. Old and young, rich and poor.

    Mon, 08/12/2019 - 18:45
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    Authored by Ted Dabrowski and John Klingner via WirePoints.org,
    There’s perhaps no indicator more damning of a state’s failure to govern than the flight of its residents to other states.
    People of every stripe are leaving Illinois. Old and young, rich and poor. They are going to warm states and cold states, big states and small states. Overall, Illinois netted losses of residents to 43 other states in 2016.
    That has major implications for the state and the Illinoisans who remain. A shrinking population means a future with less economic growth, less investment, falling real estate values and an eroded tax base. And as people leave, fewer residents will be left to pay down the state’s growing debts, meaning the already massive burden will only gets worse.ncle Sam Wants You to Pay Your Crypto Taxes

    Illinois has netted a loss of 1.5 million people to other states since 2000, based on U.S. Census data. And as international immigration and births in Illinois have declined in recent years, they’re failing to make up for Illinois net outmigration. As a result, the state’s population has shrunk five years in a row. Wirepoints analysed the results of the census data in our report: Illinois’ Demographic Collapse.
    The following multi-part series will reveal just who is leaving, where they are going and what incomes they’re taking with them.
    Wirepoints’ analysis uses national state-by-state migration data compiled by the Internal Revenue Service. The IRS reviews tax returns annually to track when and where people move. It also aggregates the ages, income brackets and adjusted gross incomes of filers.
    In this first piece, we’ll cover Illinois’ net loss of tax filers and their incomes since 2000.

    * * *
    Losing people and their incomes

    Illinois is a national outlier when it comes to losing residents and their taxable income to other states.
    In 2016, IRS data shows Illinois gained nearly 165,000 people from other states and they brought with them a combined Adjusted Gross Income (AGI) of about $6.3 billion. Meanwhile, more than 250,000 Illinoisans left the state and they took more than $11 billion with them.
    That means Illinois suffered a net loss of about 86,000 residents and a loss of $4.8 billion in taxable income – the equivalent of more than $100 million in state income tax revenues.


    And that doesn’t include the additional loss in sales, property and other taxes those residents no longer pay.
    Illinois has lost tax filers and taxable income, on net, every year since 2000. Between 2000 and 2010, the state averaged net losses of about $1.8 billion in taxable income each year. Since then, the state’s losses have accelerated by about $500 million a year, growing to $4.8 billion by 2016.
    The problem isn’t just that more people are leaving than coming into Illinois. It’s also that those who leave, on average, earn more than those moving in. That too is draining the state’s tax base.
    In 2016, the average taxable income of people leaving Illinois was in excess of $81,000. The taxable income of those coming from other states was just over $67,000.


    So not only did Illinois lose a net 86,000 people and their AGI, but it also lost an average of $14,000 in AGI for every person that moved into Illinois in 2016.
    Illinois the outlier

    How did Illinois rank nationally for loss of AGI? We’ll take that up in our next piece, but for now we’ll share how Illinois stacks up on a per capita basis.
    Take Illinois’ $4.8 billion AGI loss divided by the state’s 12.8 million people and Illinois lost $371 in income per person in 2016. Only 5 states lost more AGI per capita, including Connecticut, New York and New Jersey.
    In contrast, states that are winning people saw their tax base grow. Florida gained more than $800 in AGI per capita in 2016. Idaho and South Carolina, more than $400. Even neighboring cold-state Michigan gained $114 in AGI per capita.


    Illinois out-migration situation is dismal. And the problem becomes even more stark when you look at the state’s record nationally over time. That’s the subject of Part 2 of this series.


    https://www.zerohedge.com/news/2019-...r-incomes-them
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  2. #332
    Senior Member Airbornesapper07's Avatar
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    Where did the money go? that was an 8 year crime spree



    freebeacon.com

    Baltimore Received $1.8 Billion from Obama’s Stimulus Law
    City burned despite ‘massive investment’ implemented by president Obama
    Beezer likes this.
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  3. #333
    Senior Member Airbornesapper07's Avatar
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    "Human Tragedy" On The "Diseased Streets" Of San Francisco: "Worse Than Slums In Brazil & India"




    “We see poop, we see pee, we see needles, and we see trash,”







    lllllllllllllllll
    If you're gonna fight, fight like you're the third monkey on the ramp to Noah's Ark... and brother its starting to rain. Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

  4. #334
    Senior Member Beezer's Avatar
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    Just heard on CSPAN that Baltimore has OVER 30,000 Federal and State employees on the books

    Costing taxpayers $2 BILLION a year!!!
    Airbornesapper07 likes this.
    TO BECOME AN AMERICAN YOU MUST CHANGE YOUR VALUES ...NOT YOUR LOCATION

    STAY HOME AND BUILD AMERICA ON YOUR SOIL

  5. #335
    Senior Member Airbornesapper07's Avatar
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    She Means It



    Joe Walsh

    Yikes!


    Last edited by Airbornesapper07; 08-16-2019 at 10:14 AM.
    If you're gonna fight, fight like you're the third monkey on the ramp to Noah's Ark... and brother its starting to rain. Join our efforts to Secure America's Borders and End Illegal Immigration by Joining ALIPAC's E-Mail Alerts network (CLICK HERE)

  6. #336
    Senior Member Airbornesapper07's Avatar
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    https://www.youtube.com/watch?v=v41Avase1og

    #Tucker #FoxNews

    Tucker: The Democratic Party wants to run the US


    184,259 views

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    Fox News

    Published on Aug 21, 2019

    Subscribe 3.4M

    Progressive-controlled cities are on the urban decline. #Tucker #FoxNews
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  7. #337
    Senior Member JohnDoe2's Avatar
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    NO AMNESTY

    Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.


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    Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn

  8. #338
    Senior Member JohnDoe2's Avatar
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    NO AMNESTY

    Don't reward the criminal actions of millions of illegal aliens by giving them citizenship.


    Sign in and post comments here.

    Please support our fight against illegal immigration by joining ALIPAC's email alerts here https://eepurl.com/cktGTn

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