Illinois Governor To Raise Taxes ONE HUNDRED MILLION PERCENT ON EVERYONE!
It sounds scary when it's written like this: "Gov. Pat Quinn today called for a 33 percent increase in the state income tax rate to raise money for education and ease deep cuts he's proposed in his new budget plan." Less scary when it's written like this: "Quinn wants to increase the personal income tax rate from 3 percent to 4 percent --- a 33 percent increase --- with the corporate tax rate rising from 4.8 percent to 5.8 percent. The tax hike would bring in $2.8 billion a year." Oh well that sounds fair in these tough times but GAHHH THIRTY-THREE PERCENT HOLY SHIT FIRE HIM. [Chicago Tribune]