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Illinois Senate tax increases: Budget rescue or business killer?

Kevin HoffmanReboot Illinois

Jan 31, 2017

Editor’s Note: This is Part 2 of an occasional series delving into the details and possible effects of the Illinois Senate’s “Grand Bargain” compromise. Click here to read an overview of the bargain and series by Reboot Illinois Editor Matt Dietrich. A look at college funding under the proposed budget’s spending bill is here.

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The Illinois Senate’s plan to raise income taxes and levy new ones on businesses and certain services would generate billions of dollars in much-needed revenue, but experts caution the current proposals still won’t be…

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