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 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’ It’s Projected to Cost ComEd $3.1B to Connect Data Centers to the Grid Feds Announce Environmental Review of Proposed Amtrak Bridgeport Facility Amid Community Concerns CTA to Suspend Loop Elevated Train Service This Weekend for Track Maintenance Sign up for our morning newsletter to get all of our stories delivered to your mailbox each weekday. View the discussion thread.