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Illinois Income Tax May Jump 50 Percent
CBS 2 - Chicago ^ | 3/13/09 | Joanie Lum

Posted on 03/13/2009 5:22:01 AM PDT by AT7Saluki

Income taxes in Illinois could soon be going up by as much as 50 percent to combat deficits in a difficult state budget.

As CBS 2's Joanie Lum reports, Gov. Pat Quinn is reportedly considering raising taxes to deal with a growing budget deficit.

Quinn has been hinting about the problems in the state budget this year for some time. He gives his first address on the subject next Wednesday, and there is word that income taxes will go up as 50 percent.

The Chicago Tribune reports that Quinn wants to raise the state income tax to 4.5 percent from 3 percent.

***

State lawmakers are also talking about raising gasoline taxes to pay for road and bridge construction. Fees on driver's licenses and license plate stickers may also go up.

(Excerpt) Read more at cbs2chicago.com ...


TOPICS: Government; News/Current Events; US: Illinois
KEYWORDS: illinois; quinn; tax
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To: mountn man

When I moved from Aurora, Illinois to out of state (selling my condo) I had to pay a $700 fee since I wasn’t moving to another place in Aurora.


61 posted on 03/13/2009 9:32:20 AM PDT by MarkeyD
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To: penelopesire; BulletBobCo; seekthetruth; Kevmo; gunnyg; television is just wrong; jcsjcm; BP2; ...

~~PING!


62 posted on 03/13/2009 10:03:00 AM PDT by STARWISE (They (LIBS-STILL) think of this WOT as Bush's war, not America's war- Richard Miniter)
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To: Oldexpat

Let’s HOPE SO! After all, Quinn has said that those who CAN pay higher taxes should do so to take care of the less fortunate. Translation: Quinn will want the codgers’ money to go to him so that he, Daley, and the rest of the Chicago criminal gang can use the extorted money to buy welfare votes from the mopes and layabouts that, together with abortionists and homosexual activists, form the shock troops of the New Democratic Party.


63 posted on 03/13/2009 9:06:57 PM PDT by Godwin1 (Godwin)
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To: Condor51
I lived in Newtown on Wellington. Single, fancy free. A lifetime ago.
64 posted on 03/13/2009 9:19:10 PM PDT by originalbuckeye
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To: Condor51
And there's more!
The top two leaders of the Illinois House and Senate began paving the way Tuesday [3/3/09] for increasing the state’s gasoline tax to fund billions of dollars in highway and mass-transit projects.

...a proposal to raise the existing 19-cent-per-gallon motor fuel tax to 27 cents—a boost that could raise $500 million a year.

That's a FORTY-TWO PERCENT increase in the gasoline tax! Man, anyone still living there must either be a sucker or on their mafia payroll.
65 posted on 03/14/2009 3:25:32 PM PDT by Timeout (The Brits have their royal family. We have our privileged "public servant" class.)
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To: AT7Saluki

Time to put the ILL back in Illinois I guess.


66 posted on 03/15/2009 12:20:57 PM PDT by Lorianne
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