Crain's Chicago Business
This article discusses Governor Quinn’s FY2015 budget recommendation, which calls for making Illinois’ temporary income tax rate increases permanent to help finance education and pay down unpaid bills. It cites the Civic Federation’s State of Illinois FY2015 Budget Roadmap, which found the State would face a $3.9 billion revenue drop by FY2016 if the income tax rates partially roll back as scheduled on January 1, 2015.