Ill. Legislature seek business tax transparency
SPRINGFIELD, Ill. (AP) — Struggling to explain to voters where their money goes while Illinois continues to face financial hardship, legislative leaders kicked off their fall session Tuesday with a plan to divulge the corporations that don't pay any income tax.
Senate President John Cullerton and House Majority Leader Barbara Flynn Currie say their proposal would help lawmakers determine whether tax credits designed to create jobs are working or worthless in a state where they estimate two-thirds of businesses pay no corporate income tax.
But business leaders immediately condemned the plan, saying it unfairly targets confidential information of a few companies and would add to the burden of conducting commerce in Illinois.
If you have any technical difficulties, either with your username and password or with the payment options, please contact us by e-mail at firstname.lastname@example.org