State running out of things to tax

The next step for Illinois will be to tax your assets. It would be popular with the bulk of the people, after all, it would be only be the rich that would be taxed, at least from the start, just as today's income tax started out in early 1900.

Today, many in the middle class are skating on the edges of being "upper middle class." This attracts the politicians as this would be a good source of taxes from the almost, sort of, rich. It would be easy to justify taxing the upper-middle. They tend to be made up of self-employed middle managers, doctors, small business owners; they have the better homes in most communities just the kind that many envy.

A separate tax for accumulated assets even savings accounts, stocks, and bonds, is coming because the Democrats are running out of things to tax. The Democrats have voted themselves the perfect governor, Pritzker. He is a man craving to be popular and loved by all; the only question is what will it cost the taxpayers of Illinois for him to keep his ear to ear smile.

Dushan Lipensky

Wheaton