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Should Have Worked for the State

Illinois just announced today they will raise the state income tax from 3 to 5 percent along with other coporate taxes. The increase is 66% total. Watched a couple of news channels today and some indicated that a big part of the reason is they have to continue the generous pension plans for all the gov't workers, and it will have little impact on growing revenue/business.

Lets see how other states handle the situation like Calif, Texas, etc... I live in Texas and we have a big deficit. No state tax here, but the sales, property, gasoline, cigarette taxes are always targets.

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Should Have Worked for the State