Monday, January 10, 2011

Illinois proposed tax increases have stalled

Whew! a jump from 3% to 5.25% and a $1 increase per pack on cigarettes.  Who is surprised that this did not pass?  It is my opinion that we need to increase taxes in my home state, but what about some balance? It is a mix of cutting spending and revenue generation  http://www.bloomberg.com/news/2011-01-10/no-sign-of-movement-on-ill-tax-proposal.html

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