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

CHART TOPPERS: This week’s top pop songs

magic

LISTEN: This week's top pop songs, according to the latest Billboard chart.

in Music

CHART TOPPERS: This week’s top R&B tracks

This CD cover image released by Epic shows "Xscape," a release by Michael Jackson.

LISTEN: This week's top R&B tracks, according to the latest Billboard chart.

in Entertainment

WATCH: 10 best ‘Simpsons’ episodes

In this photo released by Fox, Homer explains why he wants to bring back the annual 4th of July fireworks display, after it's cancelled for budget reasons, in the "Yellow Badge of Cowardge" Season Finale episode of "The Simpsons," in May 2014. The full 25-year run of "The Simpsons" will arrive on cable channel FXX with a summer marathon, to be paired this fall with a digital extravaganza that could turn other TV shows yellow with envy. "I'm not going to over-promise, but I think this website will provide you with affordable health care," longtime "Simpsons" executive producer Al Jean told a TV critics' meeting Monday, July 21, 2014.

The recent marathon of all 552 episodes of "The Simpsons" inspired us to sit down and come up with our 10 favorite episodes. Enjoy!

in Music

Miley Cyrus pays homeless friend’s legal fees

Miley Cyrus arrives at the MTV Video Music Awards at The Forum on Sunday, Aug. 24, 2014, in Inglewood, Calif.

Miley Cyrus has offered to pay the legal fees for a homeless young man she took to the MTV Video Music Awards on Sunday.

in Music

Nude pictures of 5 Seconds of Summer bassist leak online

Australian pop punk band 5 Seconds of Summer draws a huge crowd as they perform live on the 'Today' show as part of the 2014 Summer Concert Series.

Nude photos of Calum Hood have leaked after the 5SOS bassist reportedly sent a video of himself via Snapchat.