|
Posted: 8:40 PM Jan 9, 2011
Vote on Illinois Income Tax Hike Delayed
The proposal would raise the state income tax rate to 5.25%.
Reporter: Kristin Burke |
|
4 Comments
Font Size:
ROCKFORD (WIFR) -- The Illinois house was supposed to meet and possibly vote on the tax proposal today, but the session was delayed .
Illinois is mulling a temporary 75 percent hike to help erase the state's $15 billion budget deficit. That would bump the rate from three percent to five and a quarter percent.
As a result, the average Rockfordian would pay an additional $980 in taxes next year. But many believe the hike doesn't solve a fundamental problem, the state is still spending more than it takes in.
"The worst part about it there is no spending decrease and the folks still running it today, and spent all the money are the ones who are going to raise the taxes."
Latest Comments
Posted by: Don
Location: Belvidere
on Jan 10, 2011 at 08:37 PM
I am irrate at the thought of these crooks raising the personnal income tax 75% and the corporate rate 100%. What the hell are they thinking. It will kill our economy. What a bunch of fricken idiots.
Posted by: charlesfrancismiller
Location: machesney park
on Jan 10, 2011 at 05:22 AM
these are lame duck parasites..sucking more money from us while not being fiscally responsible..no wonder every one is leaving this state...my property taxes went up 190$ last year and 50% was for pension funding...i can't find a job and they expect more and more...lets put a stop to this mightmare...rise up and voice your concern
Posted by: Don
on Jan 9, 2011 at 11:57 PM
This state has alot of low paying jobs more tax means more people getting help from the goverment for food ect...so take from the people, they need more help from the goverment.. So it's a give and take game. state will never learn just like out goverment
More Stories
