Illinois House Approves Tax Hike And Budget, Rauner Promises Veto

BRYANT: "As someone who's on the right, who's a fiscal conservative, we can't have vendors - mom and pop places - be asked to do services for the state of IL".

The bill passed the House with a veto-proof majority, including some Republican votes.

Senate bill 6 was the most contested one. The proposal would increase the personal income tax rate from 3.75 percent to 4.95 percent. "To take a tax increase vote before knowing what you're spending on, to me is irresponsible".

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The vote was 72-45, a veto-proof majority if the vote holds after a promised Rauner veto. "A 30 percent increase in the individual tax rate is going to lead to less jobs and less revenue and more people leaving the state of IL". Democrat Mike Halpin also voted "no". "It's not the best bill, but it's the best bill we've got at hand, and if it saves my school, I'm going to be for it".

Greg Baise, president/CEO of the Illinois Manufacturers' Association, said the tax hike "will further decimate Illinois' middle class, harming Illinois businesses and families that are already fleeing our state in record numbers", according to a Sunday night statement. State Rep. Brendon Phelps, D-Harrisburg, sponsored the bill. As a solution to pay back the billions owed in bills that are overdue, the Senate has proposed a borrowings plan which will be reviewed by the House now. He incorrectly characterized it as the "largest tax hike in history" - in fact it's half the percentage increase of the 2011 tax.

"Under Speaker Madigan's direction, legislators chose to double down on higher taxes while protecting the special interests and refusing to reform the status quo".

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In a statement issued after the veto was overridden, Rauner said lawmakers "failed taxpayers" with their vote. Fifteen Republicans joined the tax hike vote. IL families don't deserve to have more of the hard-earned money taken from them when the legislature has done little to restore confidence in government or grow jobs. "Instead, they allowed Mike Madigan to play his political games, passed phony budgets, racked up our debt and inflicted pain on the most vulnerable - all of this to force a permanent, 32 percent tax increase on IL families".

Likewise, Rauner has continually called for a "balanced" budget, which is hard, it not impossible, without more money from taxes. "We couldn't continue without a budget, overspending and cutting back services to any number of services that citizens want and benefit from". As recently as two days ago we believed that was possible. In his amendatory veto message, Rauner said he had eliminated the sunset clauses so "9-1-1 would continue in IL without the General Assembly having to pass legislation to renew the service".

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