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Gov. Quinn promises to fast mark Ill. cess hike

 
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Vonyephecon
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Joined: 13 Jan 2011
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PostPosted: Thu Jan 13, 2011 3:31 am    Post subject: Gov. Quinn promises to fast mark Ill. cess hike Reply with quote

SPRINGFIELD, Ill. � Illinois Gov. Pat Quinn defended a whopping heighten in grandeur receipts taxes passed next to lawmakers Wednesday and promised to speedily sign the part steps to cure heal the claim's ailing finances.

Lawmakers worked overnight to pass the inflate to raise the close income pressure rate from 3 percent to 5 percent to four years � a 66 percent increase. Corporate return taxes also desire bring out, but Quinn rejected the inkling that it would decimate businesses.

The speed swell might be the biggest any state has adopted in cut terms while grappling with recent economic woes. At any rate, Illinois' tithe tariff would remain drop than in sundry other states in the region.
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