GOVERNOR BRUCE RAUNER WILL BE GIVING HIS BUDGET ADDRESS IN TWO WEEKS…AND SAYS IT WILL INCLUDE PLANS TO EASE OFF LAST YEAR’S INCOME TAX INCREASE.
LAYING OUT A FRAMEWORK FOR A NEW SPENDING PLAN FOR THE NEW FISCAL YEAR THAT BEGINS IN JULY. HE SAYS HE HOPES LAWMAKERS ARE RECEPTIVE TO HIS IDEAS.
THE CURRENT INCOME TAX RATE IS FOUR POINT NINE FIVE PERCENT. RAUNER SAYS HE’D LIKE TO EVENTUALLY GET IT DOWN TO THREE PERCENT. THE GOVERNOR SAYS HE WANTS TO PUT MORE MONEY IN YOUR POCKET.
THE GOVERNOR SAYS HIS BUDGET PROPOSAL WILL ALSO INCLUDE REFORMS AND SOME CUTS.
THE GOVERNOR WILL OUTLINE HIS BUDGET PROPOSAL ON FEBRUARY 14TH.
