No Need For Gross Receipts Tax, Corporate Tax Revenues Up 14.3%
CHICAGO-Governor Rod Blagojevich’s proposed new tax on gross receipts is floating on a raft of deceptions, half-truths and hidden future tax increases, charged Jim Tobin, president National Taxpayers United of Illinois (NTUI), Illinois’ largest taxpayer organization. “This proposed new tax will make Illinois uncompetitive with other states, drive many businesses bankrupt, and result in higher [...]
ITEF Comment Vol. XIII Issue 3
Blago’s Proposed Trojan Horse Tax a Blueprint For Disaster I have been fighting taxes since 1976-thirty one years-and each time, when I think I have seen it all, the tax-raising politicians in Springfield come up with a new scheme to raise taxes on your personal income or on the business you have worked so hard [...]
