Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!

13 Jan 2011 09:22

tags

U.S.: How extreme are Illinois’ huge state tax increases, guys?

  • 67% the size of Illinois’ tax increase, quickly pushed through this week by some lame ducks
  • 5% the current tax rate, up from 3 percent – a change retroactive to January 1st
  • $3,300 the amount you’ll have to pay in state taxes now if you had to pay $2,200 before source