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Wharianattali
Recruit
Joined: 13 Jan 2011 Posts: 1 Location: Greenland |
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Gov. Quinn promises to rapidly mark Ill. tax hike |
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SPRINGFIELD, Ill. – Illinois Gov. Ready Quinn defended a immense expanding in status receipts taxes passed on lawmakers Wednesday and promised to quickly sign the gauge to assist heal the brilliance's ailing finances.
Lawmakers worked overnight to pass the inflate to increase the close proceeds customs rate from 3 percent to 5 percent to four years — a 66 percent increase. Corporate revenues taxes also will go uphill, but Quinn rejected the notion that it would decimate businesses.
The rate increase ascendancy be the biggest any grandeur has adopted in percentage terms while grappling with recent budgetary woes. At any rate, Illinois' impose tariff would cadaver lower than in certain other states in the region.
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Thu Jan 13, 2011 5:33 am |
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