Quinn's Tax Hike Hits His Pocketbook - NBC Chicago
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Quinn's Tax Hike Hits His Pocketbook



    Governor Pat Quinn paid significantly more in income taxes this year, according to his returns released by his office on Friday.

    In 2011, Quinn earned $201,066 overall but paid $45,845 in income taxes according to the release.

    A breakdown of his income taxes shows that Quinn paid $7,750.73 in state income taxes, which is an increase from the $4,400 he paid in 2010.

    Last year, Quinn raised the Illinois income tax rate from 3 to 5 percent. The 66 percent hike in personal income tax was signed into law as an effort to deal with the state's staggering budget crisis.

    Quinn Stresses Importance of Service to Others

    [CHI] Quinn Stresses Importance of Service to Others
    Gov. Pat Quinn on Tuesday took part in the groundbreaking for an expansion of Erie Elementary Charter School in the city's Humboldt Park neighborhood.
    (Published Tuesday, April 24, 2012)

    Quinn's total earnings breakdown to $157,321.60 in salary as governor,$42,500 from a simplified employee pension retirement plan, a taxable refund of $1,222, interest income of $4.81, and $18.04 in income from the "Foreign Currency Fee litigation settlement fund."

    The report also shows that Quinn donated $11,562.72 to charity.