The latest candidate in the race for Illinois Governor says the temporary income tax increase approved two years ago has done nothing to fix the state’s fiscal problems… but he isn’t saying that tax hike should be allowed to expire.
Bill Daley announced this week that he will challenge Governor Pat Quinn in next year’s Democratic primary. Appearing live on 970 WMAY’s “Jim Leach Show,” Daley said the tax increase shouldn’t automatically be extended… unless there is a plan on how to use the revenue to address the budget crisis.
But Daley acknowledges that “it’s hard to see” how the state would get by without that extra revenue.
Listen to Bill Daley on The Jim Leach Show here (mp3 download).