News

Quinn Wants Permanent Tax Hike, Madigan Agrees

Quinn Wants Permanent Tax Hike, Madigan Agrees

Photo: Newsradio WTAX/Seth Perlman

Illinois House Speaker Michael Madigan says he plans to call a vote on making the state’s tax increase permanent.

Madigan is chairman of the state Democratic party and has served as speaker for nearly 30 years. He made the comments during an interview with Illinois Public Television following Gov. Pat Quinn’s budget address in Springfield on Wednesday.

Quinn is calling for making the state’s temporary income tax increase permanent and giving homeowners a $500 property tax refund.

The pending rollback of the tax increase in January is expected to cause a $1.6 billion loss in revenue.

Madigan supports Quinn’s plan and commended the governor for his “political courage” in asking for the extended tax increase.

He says the Legislature will “resolve” the issue this spring.

Meanwhile, the Republican nominee for governor says Pat Quinn is “doubling down on his failed policies.”

Bruce Rauner did not come to Springfield for Wednesday’s budget speech. He issued a statement afterward that criticized the Democrat’s call for extending the temporary income tax increase set to expire in 2015. Quinn also called for property-tax relief.

Rauner says Quinn first promised not to raise taxes, then said the 67 percent income tax increase adopted in 2011 would be temporary.

Rauner says that after five years with Quinn as governor, the state still has a record tax hike, high unemployment and education cuts. He says as governor he will balance the budget without tax increases by creating a “growth economy” and repairing “our broken government.”

Recent Headlines

in Music

Michael Stipe offered up as garage sale bargain

Michael Stipe attends the "Young Ones" premiere at the Landmark Sunshine on Thursday, Oct. 9, 2014, in New York.

Watch Former R.E.M. star Michael Stipe star in a skit to mark the end of TV host Stephen Colbert's late-night show.

in Music

Jill Scott to be honored at Essence Black Women in Music event

Singer Jill Scott poses for a photo in the pressroom at the Essence Festival at the Superdome on Friday, July 5, 2013, in New Orleans.

Jill Scott has been named a special honoree at Essence magazine’s annual Black Women in Music event.

in Entertainment

Third ‘Night at the Museum’ marks final film for Williams, Rooney

nightatthemuseum

The credits for "Secret of the Tomb," which opens Friday, read "In loving memory of Mickey Rooney," and "For Robin Williams - the magic never ends."

in Music

Usher will skip cash giveaway during U.K. shows

Superstar singer, songwriter, dancer, and actor Usher Raymond performs in concert on The UR Experience Tour at Philips Arena on December 9, 2014, in Atlanta.

Usher will abandon his onstage trick of handing out cash to audience members when he takes his latest tour to the U.K. because of safety concerns.

in Music

Noel Gallagher embarrassed daughter in front of Harry Styles

Noel Gallagher and Anais Gallagher at Arthur - UK film premiere held at the O2 Arena - Arrivals.
London, England - 19.04.11

Noel Gallagher left his teenage daughter mortified by embarrassing her in front of One Direction heart-throb Harry Styles.