In early 2011 leading Illinois Democratic lawmakers and Governor Pat Quinn agreed to raise the Illinois state income tax from 3 to 5.25 percent—a 75% increase. At the time, it was estimated that this would bring in about $7.5 billion a year. The tax increase would mean that a married couple with two kids earning $80,000 a year combined would pay an extra $1,620 in taxes. Democratic leaders said the plan would pull the state out of its $15 billion budget hole. They promised the tax hike would last just four years, and then fall to 3.75 percent.
