Gov. Pat Quinn on Monday largely approved a 2015 state budget he has criticized as “incomplete” for not extending a temporary income tax increase.
One of the most powerful men in Missouri politics has some strong words for the state’s governor.
Illinois Gov. Pat Quinn tried Monday to persuade House Democrats to extend the state’s temporary income tax increase to avoid what he says would be “savage” budget cuts.
Business and education groups are again drawing battle lines over a Missouri proposal to cut state income taxes.
The new projection from legislative researchers is to be considered Monday by a Senate fiscal review committee. If the panel signs off, the full Senate then could vote to pass the legislation on to the House.
Gov. Pat Quinn knows trying to make the state’s temporary income tax increase permanent will be a “tough choice” for Illinois lawmakers, but the issue could be even tougher for voters who’ll decide if the Chicago Democrat gets another term.
Some Democrats want an income tax hike extended, but many Republicans oppose it.
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The hike is due to expire at the end of next year. Without it, the state will lose about $5 billion in revenue each year.
Missouri tax revenues rose slightly last month, thanks to solid growth in income tax collections.