Tuesday, January 11, 2011

Illinois politicians destroy the Family Budget in order to fix the Gov Budget

Politicians always believe the government budget, ANY government budget, is more important than the family budget of taxpayers. So, in their resplendent arrogance they can always justify a tax hike.

SPRINGFIELD, Ill. — A major Illinois tax increase has jumped its first legislative hurdle, setting the stage for a vote by the entire Illinois House.

The tax plan was approved 7-5 Tuesday by the House Revenue Committee.

It would temporarily bump the state's personal income tax rate to 5 percent, up from 3 percent now. That's a slightly smaller increase than Democratic leaders originally proposed.