Illinois is Cooked. Uncovering the Harsh Reality Behind Its Money Crisis скачать в хорошем качестве

Illinois is Cooked. Uncovering the Harsh Reality Behind Its Money Crisis

Is Illinois broke? With the state's financial crisis deepening, it's the taxpayers who are paying the price. I live in Illinois, and I've lived here most of my life. I love it here. It's got that Midwestern charm, lovely people, great schools, a beautiful Lake Michigan, and incredible downtown Chicago. But I strongly feel that Illinois is cooked, financially speaking. With an out of control budget, rising debt, and no clear solution in sight, Illinois might be heading toward a financial disaster. In this video, we break down the shocking truth about Illinois’ budget, pensions, taxes, and economic future. If you live in Illinois or are thinking about moving, you need to know what’s going on. Stay tuned as we go through the numbers and what they mean for you. What do you think? Should Illinois cut spending, raise taxes, or try something else? Let us know in the comments! Don't forget to like, subscribe, and hit the notification bell for more updates on the economy, taxes, and financial news! If this video got you thinking about this challenging economy we're facing, then you'll want to watch this video where stock market expert Peter Grandich shares his shocking market crash prediction 👉🏻    • Wall Street Veteran Predicts the Worst Eco...   💜 Enjoy My Work? Support Me on Patreon!   / noellorenzana   💡 NEW: Grab My Tax Deductions Cheatsheet and Maximize Your Tax Savings! https://www.noellorenzanacpa.com/tax-... 📘 Free Ebook 10 Tips to Simplify Your Taxes: https://www.noellorenzanacpa.com/10-t... 💜 Show Your Support: Fuel Our Channel with a Cup of Coffee! ☕️ https://www.buymeacoffee.com/NoelLore... 📖 Transform Your Accounting - Learn Modernization Concepts in My Book Today! http://modernizedaccounting.com 👪 Join My Free Facebook Group and Connect with CPAs and Tax Pros!   / 951368119040370   Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video! On, this channel, I simplify taxes for your business and offer tax tips for you! Let me know if there is anything you would like me to discuss. Feel free to connect with me on Social Media. ★CONNECT WITH ME ON SOCIAL MEDIA ★ Website: https://noellorenzanacpa.com/ Facebook:   / noelblorenzana   LinkedIn:   / noellorenzanacpa   🎥 RECOMMENDED VIDEOS 🎥    • Is the United States on the Brink of Colla...      • The IRS is Coming For You. (1099-K Final U...      • Why You Can't Trust Government Data   Thanks for watching my video on, "Is Illinois Cooked? The Shocking Truth About Its Fiscal Crisis" Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate. ⏱️VIDEO CHAPTERS⏱️ 00:00 - Introduction: Is Illinois Cooked? 00:25 - The State’s Budget is Out of Control 01:00 - Analyzing Illinois' FY 2026 Budget 01:33 - $55.2 Billion Budget: Can Illinois Afford It? 02:05 - Illinois’ Growing Pension Crisis 02:34 - What If the Economy Takes a Hit? 02:59 - Medicaid & Social Services: A Hidden Cost? 03:24 - Infrastructure Spending: Smart or Risky? 03:45 - Debt, Taxes & Federal Support Concerns 04:55 - Illinois Population Decline & Economic Risks 05:50 - What This Really Means For You? 06:05 - Illinois Faces Financial Challenges Despite Higher Taxes 06:35 - Illinois' Tough Choice: Cut Spending or Raise Taxes Even More 07:31 - Where Does That Leave The Average Taxpayer? 07:55 - Can Illinois Fix This or Is It Too Late? 08:58 - What's Really Happening? 09:39 - The Uncertain Lifeline of Federal Funding 10:53 - What's The Way Out of This Mess? 12:18 - Final Thoughts & Call to Action Replay Video Link:    • Illinois is Cooked. Uncovering the Harsh R...   #IllinoisCrisis #IllinoisTaxes #illinois #illinoisstate