Pat Quinn on Taxes

Last Updated : Jul 27, 2010

Summary

Governor Quinn took office with a large deficit left over from the administration of Governor Blagojevich. To make up for this deficit, Governor Quinn proposed a tax increase in 2009 that would raise the state income tax, raise the cigarette tax, raise the corporate tax rate, and raise the license plate sticker fee.

 

2009 Tax Increase

In 2009, Governor Quinn proposed a tax increase to assist in balancing the budget. During a Fox News appearance in March of 2009, Governor Quinn was asked about the large budget deficit and the possibility of cutting pork from the budget. He states that he will not cut spending on care for the elderly and that there are soldiers in Iraq who need something to come home to.

The taxes proposed by Governor Quinn would enact the following:

  • Raise the license plate sticker fees $20 from $78 to $98
  • Raise cigarette tax to $1/pack
  • Raise the income tax to 4.5%
  • Raise the corporate tax rate from 4.8% to 5.9%

Quinn's tax hike would target lower, middle, and upper-income families:

  • An individual making more than $14,000 would pay higher taxes.
  • A couple earning more than $28,000 would pay higher taxes.
  • A family of three bringing home more than $42,000 would pay higher taxes.
  • A household of four with income over $56,000 would pay higher taxes.

When taking questions during a public affairs interview, Governor Quinn defended the proposed tax increase

 

Use of Income Tax

During the campaign for better health care, Governor Quinn states that he supports the use of an income tax to obtain the funds to pay for health care for those who can't afford it.

 

Veto of Budget

In July of 2009, Governor Quinn vetoed a budget that was not balanced. He stated that the bill did not properly fund the human services of illinois.

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