State governments relish Illinois tax increase

Even before Governor Quinn signs into law the Illinois legislature’s tax bill, the debate continues: is this the best course of action to close a budget gap? Many say that instead of trying to generate more revenue from already frustrated taxpayers, the state must make a concerted effort to instill …

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Illinois tax increase: why lawmakers passed 66 percent income-tax hike

No other state has successfully raised income taxes to balance its 2011 budget. The Illinois tax increase would push the personal income tax rate from 3 percent to 5 percent. Illinois Gov. Pat Quinn speaks with reporters in his office at the Illinois State Capitol in Springfield, Ill., Wednesday, Jan. …

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Illinois’s Tax Increase Has Business Fuming, Neighbors Courting

Facing one of the biggest budget shortfalls of any state, Illinois took the risky step of jacking up income and corporate taxes even as its economy struggles to shake off the recession. WITH NO CUTS IN GOVERNMENT SPENDING In a deal hammered out by the state’s Democratic leadership, the lame-duck …

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Illinois: Land of the Overtaxed, Home of the Burdened

I can’t say much more about the Illinois income tax increase that hasn’t already been said. The 67 percent increase on income and the hike in the corporate rate from 4.8 percent to 7 percent not only make Illinois taxpayers angry, but they are a killer for Illinois, which lost …

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Jeff Mangum Live at The Schoolhouse

I first heard about the show just hours beforehand via a text from a pretty good looking bro, who asked me for details about the “NMH thing”. I had no idea what this dude was talking about, so I went out with a different, equally good looking bro and got …

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Woman: I was kicked out of bar for being pregnant

by Lisa Black – Jan. 11, 2011 06:38 PM Chicago Tribune CHICAGO – Michelle Lee was catching up with friends at a nightspot near her parents’ home when a bouncer pulled her aside. “Can I ask you a personal question?” Lee recalled him asking. “Are you pregnant?” She responded yes …

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Chicago’s No. 1 — in high gas prices

Here’s more bad news for your wallet: Chicago has the nation’s highest gas prices. The twice-monthly Lundberg Survey says the highest gas price in the country was recorded in Chicago at $3.35 a gallon. The low, $2.73, was in Salt Lake City, Utah. via Chicago’s No. 1 — in high …

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Heads Up, NYC, SF, Chicago: Something Wi-Fi This Way Comes

For denizens of the Big Apple, San Francisco and the other windy city, Chicago, the coolest technology announcement so far this week did not come out of CES, but instead from a small Rhode Island company called Towerstream. Up until now Towerstream has focused on providing broadband to corporations via …

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