Quinn’s three budget falsehoods

Illinois Policy Institute –

In January 2011 Illinois politicians pushed through a record income tax increase that raised the income -tax rate on individuals to 5 percent from 3 percent, and on corporations to 7 percent from 4.8 percent.

After passing the record tax hike, Gov. Quinn went on record saying:

“We have some temporary tax increases [falsehood No. 1] that are designed to pay our bills [falsehood No. 2], get Illinois back on fiscal sound footing and make sure that our state has a strong economy [falsehood No. 3].”

 

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