AccountingBLOCK - Tax and Accounting Forums


AccountingBLOCK - Tax and Accounting Forums » General » News » Doomsday Taxes; Illinois Insolvency

News Read and discuss the latest news related to the business world in general.

Reply
Old 02-22-2010, 07:44 PM   #1 (permalink)
 Helse's Avatar
 
Status: Moderator
Join Date: Dec 2008
Posts: 610
Blog Entries: 11
Rep Power: 32 Helse is on a distinguished road
Default Doomsday Taxes; Illinois Insolvency



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
__________________
http://www.accountingblock.com/avatars/helse.gif?type=sigpic&dateline=1271928550
Helse is offline  
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Sponsored links

Reply

Bookmarks



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -7. The time now is 04:14 PM.
Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Ad Management by RedTyger


Forum Sponsors: $40 Tax Preparation | Business Articles

Nav Item BG