Doomsday Tax Predictions for Illinois

State watchdog group calls for 'historical' increase in personal income tax

By JENEL NELS

Updated 11:27 AM CST, Mon, Feb 22, 2010

In order to crawl from beneath crushing debt and reach fiscal solvency, Illinois legislators must choose from a series of options that range from bad to worse, according to a prominent watchdog group.

The Civic Federation wants to launch an intervention that includes significant budget cuts and the largest tax increase package in Illinois history, all in an effort to save the state from a