Mess in Illinois Only the Beginning of States’ Budget Woes

by | Jan 13, 2011 | Towing

When Illinois legislators voted this week to raise state income taxes by 66 percent, they weren’t sending a signal of tax-and-spend. It was tax-and-survive.Continue reading Mess in Illinois Only the Beginning of States’ Budget Woes

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Lawmakers Approve Illinois Tax Hike

by | Jan 12, 2011 | Towing

Illinois lawmakers approved a 66% increase in the state’s income tax in the final hours of the Legislature’s session.

Lawmakers raised the state income tax to 5% from 3% in a bid to close the state’s deficit, which could be as large as $15 billion, T…