{"id":274769,"date":"2018-05-23T14:35:00","date_gmt":"2018-05-23T18:35:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=274769"},"modified":"2018-05-29T15:42:09","modified_gmt":"2018-05-29T19:42:09","slug":"the-illinois-exodus","status":"publish","type":"post","link":"https:\/\/admin.rushlimbaugh.com\/daily\/2018\/05\/23\/the-illinois-exodus\/","title":{"rendered":"The Illinois Exodus"},"content":{"rendered":"

RUSH: Do you remember last week the story about the Federal Reserve in Chicago is instituting new massive property taxes as a stopgap way of helping to fund at-present unfunded pensions and liabilities in the state<\/a>?\u00a0 It\u2019s 1% additional property tax on your existing bill, based on the value of your house — on top of every other tax you\u2019re paying — forever.\u00a0 And that you could not escape the tax by selling your house and leaving because the value of your house is going to plummet with this new tax; therefore nobody\u2019s gonna buy it.<\/p>\n

\"\"<\/p>\n

It said how the Federal Reserve admitted that, that this new property tax increase is going to destroy the existing values of people\u2019s homes and they say, “That\u2019s good because now you can\u2019t sell it. You can\u2019t leave and escape our tax.”\u00a0 From Breitbart:\u00a0 “Illinoisans Fleeing State by Tens of Thousands over Taxes and Financial Loss<\/a> — Illinois is losing more citizens than nearly every other state, and according to reports, the biggest reason citizens are leaving is that they can no longer afford to live [there]. …<\/p>\n

“One Chicago couple who moved to Tennessee told WGN that the move gave them back” Are you ready for this? “an amazing 25% of their income that would no longer be lost to property taxes and other expenses associated with living in … Illinois.”\u00a0\u00a0 By leaving — and this is just one story, anecdotal.\u00a0 One couple got back 25% of their income by leaving.\u00a0 I remember when I left New York in 1997.\u00a0 I was very publicly honest about why.\u00a0 I was fleeing what were confiscatory taxes.\u00a0 I\u2019d lived there eight years.<\/p>\n

\"\"<\/p>\n

I moved to New York because it was necessary to get this program off the ground and to have it succeed. It had to originate there for a host of reasons.\u00a0 Not necessary to go into them here now.\u00a0 But eight years accomplished the objective.\u00a0 I enjoyed the eight years.\u00a0 I have fabulous friends, great time there.\u00a0 But when I started visiting Florida, I started liking it more as a lifestyle place, and then learned that there was no state income tax. Property taxes are a little higher, but they\u2019re not nearly high enough to get anywhere near what the state, city, unincorporated business…<\/p>\n

Look, I would love to tell you how much money a year I saved leaving New York, but I\u2019m not gonna do that because my dad always said, “Don\u2019t talk about money, Son.\u00a0 It\u2019s not classy.”\u00a0 But it\u2019s mind-boggling.\u00a0 I remember when I made the move, I was accused of being selfish, of being unwilling to pay my fair share.\u00a0 I, of course, looked at it as a very intelligent thing to do.\u00a0 It\u2019s an astounding amount of money. And then I was audited every year for the next — What would it be? — 18 years under the premise that I still lived there and was lying about it.<\/p>\n

That was the starting point.\u00a0 “We know you still live here.\u00a0 You\u2019re just acting like you live in Florida.”\u00a0 They actually wanted to visit the place I had in New York and the place in Florida and take pictures to determine which one was actually the more lived in.\u00a0 They subpoenaed members of my staff to testify where I was and where they were on random dates.\u00a0 I think Albany and other states have divisions that just follow people who move to no-income-tax states — Texas, Kentucky, Tennessee.<\/p>\n

But the point is, it was a huge, huge, huge amount of money.\u00a0 And it was mine!\u00a0 It wasn\u2019t it theirs.\u00a0 And now this is happening apparently not en masse yet, but by a significant number of people leaving Illinois.\u00a0 And these people that are leaving have left before this new property tax goes into effect.\u00a0 The people that this story is about have gotten out in time.\u00a0 It\u2019s gonna be tougher and tougher to leave Illinois once this new property tax thing goes into effect, because it\u2019s gonna almost overnight devalue people\u2019s homes.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: I remember when I left New York in 1997.\u00a0 I was very publicly honest about why.\u00a0 I was fleeing what were confiscatory taxes.\u00a0 v<\/p>\n","protected":false},"author":56,"featured_media":238073,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"\nThe Illinois Exodus - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/05\/23\/the-illinois-exodus\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"The Illinois Exodus - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: I remember when I left New York in 1997.\u00a0 I was very publicly honest about why.\u00a0 I was fleeing what were confiscatory taxes.\u00a0 v\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/06\/650-062117-Illinois.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"keith doherty\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/admin.rushlimbaugh.com\/#website\",\"url\":\"https:\/\/admin.rushlimbaugh.com\/\",\"name\":\"The Rush Limbaugh Show\",\"description\":\"Excellence In Broadcasting\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/admin.rushlimbaugh.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/05\/23\/the-illinois-exodus\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/06\/650-062117-Illinois.jpg\",\"contentUrl\":\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2017\/06\/650-062117-Illinois.jpg\",\"width\":650,\"height\":312},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/05\/23\/the-illinois-exodus\/#webpage\",\"url\":\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/05\/23\/the-illinois-exodus\/\",\"name\":\"The Illinois Exodus - 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