Doomsday Predictions Tax Illinois
State watchdog group calls for 'historical' increase in personal income tax

In order to crawl from beneath crushing debt and reach fiscal solvency, Illinois
legislators must choose from a series of options that range from bad to worse, according
to a prominent watchdog group.

The Civic Federation wants to launch an intervention that includes significant budget
cuts and the largest tax increase package in Illinois history, all in an effort to save the
state from a $12.8 billion budget deficit.

“Doomsday is here for the state of Illinois,” said Laurence Msall, Civic Federation
President, to the Sun-Times.





http://www.nbcchicago.com/news/local...-84947527.html