Governor Quinn recently announced his budget for the state.
One of the major points of the address was the governor’s proposal to make Illinois’ temporary 67 percent tax increase, passed in 2011, permanent.
The money would provide an additional $300 million for education.
Governor Quinn said extending the income tax would support a $3.6 billion general fund account for the coming year that he would use to provide more money for schools, tuition grants for low income college students, and a new initiative to provide wellness efforts and early childhood education for children from birth to age five.
The proposed budget increases spending four percent over last year.
The governor also suggested property tax relief for homeowners with a guaranteed $500 refund, and raising the Earned Income Tax Credit.
Republicans in the General Assembly want the tax increase to start rolling back in 2015 as planned and insist there are more places to cut spending.
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