Rauner Vague On Tax Hike Future
(Bloomington, IL) -- There's still a bit of confusion about where the state's income tax rate will land once Governor-elect Bruce Rauner takes office. He campaigned on the idea of letting the rate rollback, but that doesn't necessarily mean all the way back to three-point-75, like it's supposed to. The rate will automatically scale back on January 1st but Rauner and the Legislature could work out a deal to raise it back up once he takes office. Rauner will be sworn in on January 12th.