New U of I Study: Outlook bleak for state, tax increases didn’t solve much – WP Original

October 29, 2013 By Mark Glennon   The Fiscal Futures Project is sponsored by the Institute for Government and Public Affairs at the University of Illinois and sponsored by the MacArthur Foundation. It recently issued three new research papers looking at the income tax increases of 2011 and subsequent effects on Illinois’ budget when they sunset in 2015, linked here.   Among the conclusions: — Illinois’ economy has been in worse condition than our Midwestern peers since January 2011. This can be attributed to many factors, including the income tax increase. — “Even if the 2011 tax increases are made

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