Wednesday, January 12, 2011

Illinois Raises State Tax by 66%

The Illinois government has decided to raise State taxes 66% from 3% to 5%. Now that doesn't sound like much, just 2%, but it will take more money fro the people that are already strugling. I hope we don't see Federal taxes rise, although I feel it will be likely that they will at some point.

Illinois Lawmakers Approve 66% Tax Hike.

http://video.chicago.cbslocal.com/global/video/popup/pop_playerLaunch.asp?vt1=v&clipFormat=flv&clipId1=5461547&at1=Political&h1=Illinois

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