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Kirk Opposes Quinn-Giannoulias Plan to Raise State Income Tax

July 29th, 2010

One day after the governor’s budget director said state lawmakers will likely increase the state’s personal income tax by 66 percent in January, Congressman Mark Kirk today reaffirmed his opposition to Governor Pat Quinn and State Treasurer Alexi Giannoulias’ plan to raise the state income tax.

“With unemployment in Illinois above the national average, we should not make Illinois even less competitive by raising the state income tax,” Congressman Kirk said.  “Alexi Giannoulias’ plan to increase state and federal income taxes would put our economic recovery at risk.  I oppose tax increases in Washington and I urge state lawmakers to oppose the Quinn-Giannoulias tax increase in Springfield.”

Yesterday, David Vaught, the Director of the Governor’s Office of Management and Budget, told Bloomberg, “We’re going to pass a tax increase in January.  We expect it is going to be substantial.”

Earlier this year, Alexi Giannoulias called for a state income tax increase.  He also said he would allow federal tax relief to expire.

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