Posts tagged: taxes

Illinois’ Backlog of Unpaid Bills Total $4.4 Billion

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Written by Benjamin BanMetre

Illinois began August with a $4.4 billion dollar backlog of unpaid bills. If lawmakers would have kept the promises they made in 2011, the backlog would be zero today – or close to it.

In January 2011, Illinois lawmakers pushed through a record tax hike that raised the income tax rate on individuals to 5 percent from 3 percent, and on corporations to 7 percent from 4.8 percent. They called it the Taxpayer Accountability and Budget Stabilization Act and went on record making the following promises:

“We have some temporary tax increases that are designed to pay our bills, get Illinois back on fiscal sound footing and make sure that our state has a strong economy.”

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categories Illinois Politics, Marriage, Family & Culture | | datetime August 30, 2014 12:30 PM | comments Comments Off on Illinois’ Backlog of Unpaid Bills Total $4.4 Billion

Quinn: Make the Tax Increase Permanent or the Disabled & Dying Get It

Written By Dan Proft

On Wednesday, Governor Pat Quinn dressed up the demands of a hostage-taker into a state budget address—again.

In advance of the permanently temporary personal and corporate income tax increases he imposed on Illinois in 2011, Quinn argued that without the tax increases, social service providers would suffer.

In fact, he would see to it that they did.

Quinn’s less than subtle message to the human services community was that if they wanted to avoid seeing the invoices they submitted to the state for services rendered put into the permanently permanent pay-no-mind bin in the Governor’s office they best fall in line.

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categories Illinois Politics | | datetime March 27, 2014 3:59 PM | comments Comments Off on Quinn: Make the Tax Increase Permanent or the Disabled & Dying Get It