Welcome

Thank you for visiting paducahsun.com, the online home of The Paducah Sun.

Calendar
June 2012
S M T W T F S
27 28 29 30 31 01 02

Click here to submit an event.

Illinois group wants to keep tax increase, tax retirement income

Associated Press

CHICAGO - A government watchdog group says Illinois should keep its temporary income tax increase in place for a year longer than initially promised and begin taxing retirement income to dig the state out of a budget hole.

The Chicago-based Civic Federation says its five-year plan would allow the state to pay off its $5.4 billion backlog of unpaid bills and avoid budget cuts.

The 47-page report was released on Monday.

It's a more detailed plan than has emerged so far from legislative leaders and various candidates.

David Yepsen of Southern Illinois University says the approach has "a little pain for everyone."

But because expiration of the state's income tax is a politically touchy subject, Yepsen says debate on the proposal could be put on hold until after the November election.

Comments made about this article - 0 Total

Comment on this article

Your comment has been submitted for approval
captcha 194102a929fc45eca544f9efaa46fc7d
Top Classifieds
  • PILLOW TOPmattress sets NEW in pl ... Details
  • Dining Room Suite Duncan Phyfe 270-33 ... Details
  • Downsizing Due To HealthAntique furni ... Details
  • 2BR 1BA 1 1/2 Acres Graves Co. 2357 S ... Details
  • Lot for sale $12000 Kevil 4883522 Details
  • SEEING is believing! Don't b ... Details
  • '01 Daewoo Leganza 58Kmi, $9 ... Details

Most Popular
  1. County approves E911 agreement
  2. PPS getting plenty of ink, but a rate cut would be better
  3. Trump made Clinton's job easier
  1. Doctor's employee accused of forging prescriptions
  2. Charges mulled in theater incident
  3. Man pleads guilty to child abuse
  1. County approves E911 agreement
  2. PPS getting plenty of ink, but a rate cut would be better
  3. Trump made Clinton's job easier
Discussion

Check out these recently discussed stories and voice your opinion...