More than half the tax increase now awaiting Illinois Gov. Pat Quinn's signature is supposed to be phased out after a few years. But the last time lawmakers passed an income tax hike that was "temporary," it didn't stay that way. Short-term pain is easier to absorb than long-term pain.
Top legislative leaders in Springfield are still trying to work out a way to increase taxes. It's unsure if the General Assembly will vote on the issue before the end of the session next week. Proponents say a tax increase will help balance the state's multi-billion dollar deficit.
Illinois Gov. Pat Quinn and his former Republican opponent looked to bury the hatchet of a nasty election campaign Tuesday. They met for lunch at Manny's Deli in the South Loop.Gov. Quinn picked up the tab for the corned beef sandwiches he and Republican State Sen. Bill Brady, R-Bloomington, ate.