By Benjamin Yount | Illinois Statehouse News
SPRINGFIELD — Illinois Gov. Pat Quinn is once again fighting off charges from critics that he is rewarding a supporter of last year’s income tax increase with a cushy state government job.
Tag Archive | "tax"
Tax credit expiration could slow wind’s rise in IL, but still plenty to export
February 03, 2012
By Anthony Brino | Illinois Statehouse News
SPRINGFIELD — The federal tax credit that has supported wind energy for almost 20 years is set to expire at the end of 2012.
IL temporary tax increases may not be so temporary
January 11, 2012
EDITOR’S NOTE: This is the first story in a two-part series on the state of Illinois after a year of higher personal and corporate income taxes.
By Andrew Thomason and Anthony Brino | Illinois Statehouse News
SPRINGFIELD — Some form of the temporary income tax increase is expected to become permanent, according to several Illinois government experts.
Deficits, pension weigh on IL spending; Medicaid eyed for cuts
January 04, 2012
By Benjamin Yount | Illinois Statehouse News
SPRINGFIELD — The arithmetic behind Gov. Pat Quinn‘s first budget proposal of the new year is grim.
Illinois will be facing an $800 million deficit within three years, despite tax revenue projected to grow by more than $1 billion a year.
Tax increase, impact, dominate Illinois Capitol in 2011
December 27, 2011
By Benjamin Yount | Illinois Statehouse News
SPRINGFIELD — Call it the year of the tax increase.
Illinois‘ tax increase vote in January dominated this year’s session here.
Illinois Statehouse News takes a look back at the year, taking stock of the work from state lawmakers. Our year in review looks at the abolition of the death penalty, workers’ compensation reform, education reform, and of course the tax hike and its impact.
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