Tick Tock, Tick Tock, Tick Tock- Hail the New Year !!!
Even as Gov. Quinn was sworn in the state increased 66 % the state income tax of Illinois to save the state from a budget crisis many are of two minds. Quinn believes the tax is necessary to close the gap between state expenditure and revenue, finance borrowing of $8 billion to pay off government's overdue bills, and to provide money for property tax relief.
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