Quinn seeks tax relief for families, assistance for vets

January 29, 2012 10:02:52 AM PST
Governor Pat Quinn will deliver his state of the state address this week and plans to outline his priorities for the upcoming legislative session.

Among the priorities is tax relief for families and assistance for veterans. It is expected he will outline his plan for those proposals and the other goals he has for Illinois.

"We have to make sure we help the people who are living paycheck to paycheck," Quinn said.

The governor wants to make life easier for Illinois households with kids. It is one of several proposals he is expected to make.

Quinn talked about his latest tax cut proposal while attending a suburban job fair for veterans. The governor says tax cut targeting families with children will benefit some 2.5 million kids and almost 1.5 million families in the state.

"By targeting tax relief, tax relief to the people who need it the most, that's a very important mission for us here in Illinois," Quinn said.

The governor's office did not give details about what the tax cuts would look like, but said the governor also floated the idea of a veteran hiring tax credit to encourage employers to hire vets.

The proposals come after the governor signed legislation earlier this month that boosts tax relief for working families, doubling the earned income tax credit for low-income workers over two years, saving the millions.

Illinois is still struggling fiscally. Although some watchdogs predict the operating shortfall could reach $5 billion by June, the governor remains realistic about the challenges ahead, namely creating jobs.