Southern Illinois University Carbondale OpenSIUC June 1989 Daily Egyptian 1989 6-30-1989 The aiD ly Egyptian, June 30, 1989 Daily Egyptian Staff Follow this and additional works at: http://opensiuc.lib.siu.edu/de_June1989 Volume 75, Issue 165 Recommended Citation , . "The aiD ly Egyptian, June 30, 1989." (Jun 1989). This Article is brought to you for free and open access by the Daily Egyptian 1989 at OpenSIUC. It has been accepted for inclusion in June 1989 by an authorized administrator of OpenSIUC. For more information, please contact
[email protected]. Daily Egyptian Southern Illiuois University'- Car:;undale Friday, June 30,1989, Vol. 75, No. 165, 16 Pages Income tax increase to help property plan SPRINGFIELD, Ill. (UP1) ments, Republicans withheld their - A 'new Democratic tem The new tax plan however, sup!X>rt for the measure. Rock porary income tax increase illc1udes ahoot $90 million per and Madigan said they proJ.lOSllI that. provides about year hl praperi.y tax relief by modified that plan in response $90 million annually in doubling the residential to concerns exp. essed by property tax relief will ~ property tax deduction on lEgislators. presented to lawmakers this state income. tax returns. The week, House Speaker Michael Democratic !c..ders said the "After wee!3 of waiting for a Madigan and Senate President tax relief provISion would Republican alterru;.tive, it's Philip R(J{'k said Thursday. L'lcrease tax savings for a apparent there will be none. So The new tax plan would ram. family paying $2,000 in the speaker and I are state income 'Q.X rates by 20 property taxes f,:'01J' s: ') to $120 Pfl?POSing yet another alter percent for l'..o years.