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URL:  http://boards.fool.com/that-was-quick-30317435.aspx

Subject:  That Was Quick Date:  10/13/2012  11:40 AM
Author:  2828 Number:  648608 of 794813

http://illinoispolicy.org/news/article.asp?ArticleSource=515...

SPRINGFIELD (Oct. 12, 2012) – When Illinois raised taxes by a record 67 percent in January 2011, Gov. Pat Quinn said: "We have some temporary tax increases that are designed to pay our bills, get Illinois back on fiscal sound footing and make sure that our state has a strong economy."

It's been nearly two years since taxes were raised and the tax hike has failed. Illinois still has $8 billion in unpaid bills, Moody’s and S&P have downgraded Illinois' credit rating and the state's unemployment rate is among the worst in the nation. But instead of enacting the reforms Illinois ne