Mayor Daley said today he would support Gov. Quinn's call for a 50 percent increase in the state income tax, only if it's tied to property tax relief and only if the governor scraps a plan to withhold millions in income tax growth from cities.
Daley also demanded an infusion of capital funding to the CTA to ease pressure to raise fares and at least $200 million and pension relief for Chicago Public Schools to avoid classroom cuts and another local property tax increase.
The jobless rate in the Chicago metropolitan area spiked to 9 percent in February, up from 5.6 percent a year earlier, exceeding the nation's 8.1 percent rate and the state¹s 8.6 percent rate, the Illinois Department of Employment Security said Tuesday.
The area lost 126,400 jobs over the year.
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