Tag Archives: tax hike

Ill. residents react to massive tax hike

NewsChicago.net

January 12, 2011 (CHICAGO) (WLS) — The income tax increase in Illinois is retroactive to January 1. But taxpayers won’t see a change in their paychecks until the end of the month. The new state income tax increases taxes from 3 to 5 percent. For those with an annual income …

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