Topinka Proposes Slow End For Income Tax Hike

July 10, 2014

 

(Quincy, IL)  --  Republican state comptroller Judy Baar Topinka says state government is headed for a disaster if the temporary income tax is allowed to expire at the end of the year.  During campaign appearances in Quincy, Topinka said there would be a "two-billion-dollar collapse" if the tax rate is allowed to drop from five-percent.  Topinka, who's facing a challenge from Lieutenant Governor Sheila Simon, says she'd rather see the tax increase phased out over two years.

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