Illinois Governor Wants to Raise Education Spending 23% in One Year

The Chicago Sun-Times reports the proposed biggest tax increase in Illinois history:

Blagojevich wants to increase school spending by 23 percent next year and provide health care coverage for 1.4 million uninsured adults through a new plan called Illinois Covered.

That spending would be covered through a $6 billion gross receipts tax on businesses, which would replace the corporate income tax. The new tax, for example, would target the sale of raw material to manufacturers, a physician providing medical care or a lawyer who has dispensed legal services.

Illinois is an amazing state.A guy can be friendly with the Elmwood Park crew of the Chicago Mob and still be Governor.