Illinois House and Senate pass 67% income tax increase

[anvi]

Regarding the personal tax rate, I don't find 5% that onerous, and I don't make that much money. I would prefer that state's schools to continue to be open, after all. But the business rate is going up from 4.8% to 7% for the next four years, and that's a lot of money to rip out of a business's hands during a recession.