After raising our Illinois personal income tax rates by 66% and the corporate tax rate by over 40% it seems all is not well in Springfield. There is never quite enough tax money for their spending needs.
Senator Dave Syverson today issued a press release indicating Moody's has now downgraded our Illinois State debt rating to the lowest of any state in the nation. Obviously increased taxation is not the way to grow an economy and produce jobs. Will they never learn? It is the same as if you own a business with not enough customers and the solution you feel is to raise prices.
My opinion only.....Ken Dillenburg