From AP - News Headlines -

Gov. Quinn Touts Income Tax Hike for Education

Governor Pat Quinn has renewed talk of an income tax hike for education.

The Illinois democrat said getting a 33% increase in income taxes past lawmakers would mean asking school districts to cut property taxes in return. If elected, he said his tax hike will pass the legislature by the end of this year.

During an appearance at the University of Illinois on Friday, Quinn noted how opponent, State Senator Bill Brady (R-Bloomington) wants to cut education by $1.26 billion, leading to an increase in property taxes. The governor said investing in education means local units of government should abate part of their property taxes.

"This university is a classic example of getting good jobs by having smart people," said Quinn. "So if my opponent - Senator Brady - wants to go around Illinois cutting and slashing education at every level - less scholarships, less early childhood education, less money for K thru 12 - he's on the wrong track."

The governor called the November 2nd election a "referendum for education." He said the difference between electing him and Brady will mean investments versus cuts.

Quinn called Brady a 'false prophet' by simply shifting the tax burden, but he would not say he had assurances from House Speaker Mike Madigan and Senate President John Cullerton that a vote on his 33% income tax proposal would take place.

Quinn also touted his efforts to start up a $31 billion capital plan for road construction, safer bridges, high speed rail, and sustainability initiatives like solar and wind power that will result in matching federal dollars. He was at the U of I Friday to address the 2010 Sustainable University Symposium. The university has signed the Sustainability Compact, which encourages institutions to use 'green' practices in their campus operations as well as academic and research programs.

Categories: Economics, Education, Politics