Gov. Pat Quinn signed a pension reform bill that will increase taxes over the next five years, Early & Often reports.
“Gov. Pat Quinn on Monday put aside his political differences with Mayor Rahm Emanuel and signed a Chicago pension reform bill that sets the stage for $250 million in tax increases over five years.
Quinn lifted the brick on the pension bill three days after signing legislation authorizing a 56 percent increase in Chicago’s telephone tax.
The phone tax bill gave Quinn political cover.”