Illinois is currently is in the 48th worst financial position*. The 66% tax increase on individuals and 45% increase on the companies that drive our economy caused unemployment to rise to 10%.
Sources
* http://illinois.statebudgetwatch.org/2011/09/06/truth-in-accounting-report-names-illinois-a-sinkhole-state/
** http://illinoispolicy.org/news/article.asp?ArticleSource=4362
