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Illinois State Revenue Analysis for Fiscal Year 2008 First 8 Months

SPRINGFIELD- For the sixth year in a row, since ITEF began tracking state revenue, total Illinois state revenue is significantly up from the previous year, according to data from the Illinois Comptroller’s website. So far this year-Fiscal Year 2008 starting July 1, 2007, and ending June 30, 2008—total tax revenue for the first 8 months has increased $1.5 billion over the first 8 months of FY2007.

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Jim Tobin was interviewed this morning at Fox TV Chicago to discuss NTUI and the fight against higher taxes, including Senate Bill 2288. This was great publicity as we had a record number of viewers on our website.

The National Taxpayers United of Illinois is launching a media campaign to oppose Senate Bill 2288 which would raise your state income tax by 67%. Three radio commercials have already been produced and you can hearing them today on the radio. It is extremely important that the taxpayers let their voices be heard on this tax increase.

Here are the three radio spots: One, Two, Three.

CHICAGO—The president of Illinois’ largest taxpayer organization urged taxpayers to call their state senators and ask that they vote “No” on Senate Bill 2288, sponsored by M. Maggie Crotty (D-19, Oak Forest), Michael Noland (D-22, Elgin) and Kimberly Lightford (D-4, Westchester), which last week was sent to the senate floor by the Senate Education Committee. “The tax increases in this bill are not only unnecessary, but would devastate the Illinois economy,” said Jim Tobin, President of National Taxpayers United of Illinois (NTUI).

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