But Quinn wants to couple that with expanded tax breaks that would soften the blow. By tripling the amount of income exempt from taxes, Quinn says, his plan would actually lower taxes for any family of four making up to $60,900.
Aides say nearly half of the state's taxpayers would see a drop in their tax bill. Quinn will address a joint session of the Illinois Legislature today.
Gov. Pat Quinn is asking Illinois drivers to pay higher fees for renewing their driver's license and vehicle stickers. He says the increases will help fix crumbling roads and bridges. Quinn wants a $26 billion construction program, supporting 340,000 jobs.
State officials have argued for years over how to pay for such a construction plan. Quinn's answer is to raise the cost of license plate stickers by $20, bringing their cost to $99. A driver's license that now costs $10 would climb to $20. Neither of those fees have changed in at least a decade.
Quinn also wants to increase fees for transferring a title and vehicle registration. That money would be devoted to public transportation. Lawmakers are dubious about the proposal since their constituents are already strapped for cash.
Gov. Pat Quinn wants to raise the state income tax to help plug an $11.5 billion budget deficit but he's looking to soothe some of the sting with tax breaks. Quinn has proposed a back-to-school state sales tax holiday and he wants to triple the personal exemption so people can shield more of their income from taxation.
Gov. Pat Quinn's budget proposal calls for a sales tax "holiday" on back-to-school items for 10 days in August. According to the budget documents released tonight, that would cost as much as $50 million that would be paid for by reducing the amount retailers get to keep in payment for collecting the tax.
Quinn's budget proposal includes $28.4 billion in general-funds spending, with an increase of $174 million for elementary and secondary education. It also includes $40 million more for colleges and universities.