State Tax Increase May Be Bigger

By Marcus Gilmer in News on Jul 29, 2010 9:20PM

The expected personal income tax increase that Gov. Quinn proposed earlier this year was supposed to be increased from three percent to four percent. But it could actually increase to five percent budget director David Vaught said today: “We’re going to pass a tax increase in January,” Vaught said. “We expect it is going to be substantial.” Meanwhile, Quinn is also taking a hit in the polls which show GOP candidate Bill Brady with a lead. [via ChuffPo]