Illinois opts to chase away voters and business

Illinois Population Density MapImage via Wikipedia
IBD:

Unimpressed by data showing that businesses, jobs and people flee high-tax states, the Land of Lincoln opts to squeeze the last penny out of taxpayers with a whopping 75% income-tax increase.

...

Temporary tax hikes are like unicorns — they exist only in legend. Even if this promise is kept, four years is long enough to drive out more businesses and workers and accelerate Illinois' death spiral into bankruptcy.

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I would use the term insolvency to describe Illinois. The Democrats continue to make a mess of the President's home state. Watching those vying for Mayor of Chicago is certainly no reason for optimism.

Where are the spending cuts to balance the budget?
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