Daily News Article - January 13, 2011
1. By how much did the Illinois state legislature vote to increase taxes?
2. For what reason has the Democrat-controlled legislature voted to increase taxes?
3. What negative effects are the tax increases expected to have in the state?
4. What does William Brodsky of CBOE say must be done to balance the state budget?
5. The tax increase voted in is temporary - it will be in effect for 2 years. Do you think the state government will attempt to extend the increase after two years? Why or why not?