Business Reaction to Historic Tax Hike WTTW News | January 12, 2011, 7:00 pm Critics are already predicting a massive business exodus now that the state income tax increase passed, but some say this could be just the budget savior Illinois has been waiting for. Thanks to our sponsors: View all sponsors Thanks to our sponsors: View all sponsors Related Stories Nvidia CEO Jensen Huang Resigns After his Affair Raises National Security Concerns Illinois Hemp Act Set to Ban Some THC Drinks Amid Pushback From Business Owners Small Footwear Company Moves Into Spotlight With Bears QB Caleb Williams Wearing Its Cleats Dow Has Best Post-Midterm Elections Day in 44 Years as Democrats Take Control of Congress As Organizations Help Chicagoans Navigate High Cost of Living, New Survey Finds 43% of Residents Just Getting By Peoples Gas President on Proposed Rate Hike, Modernization Plans: ‘It Is About Safety, Reliability’ Sign up for our morning newsletter to get all of our stories delivered to your mailbox each weekday. View the discussion thread.