Illinois lawmakers have voted to increase the state's income tax almost 67-percent to help reduce the state estimated 15-billion dollar budget deficit. Illinois Governor Pat Quinn supports the move, and promises to sign the measure..Illinois is a fiscal mess.
Realtor Jody Velto has run out of flyers for the two-family home she's trying to sell in an Upland, Calif., development.It's fared comparatively well despite the fact that Upland is in San Bernardino County -- one of the hardest-hit communities in California.
Eye-popping headlines from Illinois this morning about action taken early today by legislators there:-- "Lawmakers Pass 67 Percent Tax Hike." (Chicago Tribune)-- " Ill. Faces 66 Percent Tax Boost Amid Budget Crisis."