Aside form the capital spending provisions - claimed to support more than 700,000 jobs in the state - the governor%26#039;s stimulus package also includes a $300 per child tax credit for Illinois taxpayers and a 20 percent tax cut for businesses that paid corporate income tax in 2007.
http://www.herald-review.com/articles/20...
Illinois Democrat Govenor proposes 20% tax reduction on business to stimulate economy, whats up?
Businesses are not evil...without them, there are no jobs; it sounds simple, but the burden on businesses in many states that are in grave financial problems can directly be traced to virtually punishing businesses through outlandish taxes and other ridiculous burdens.
Illinois Democrat Govenor proposes 20% tax reduction on business to stimulate economy, whats up?
Sounds like the Governor is on the right track to turn the economy in Illinois around.
Illinois Democrat Govenor proposes 20% tax reduction on business to stimulate economy, whats up?
The cost of living in Illinois is one of the highest in the country... If hes trying to do that, all hes doing is bringing Illinois to the same level as other states. It wont happen...
Illinois Democrat Govenor proposes 20% tax reduction on business to stimulate economy, whats up?
politics... is something like a woman and her weight. Never happy with it always trying to change it re-arrange it or make things appear bigger and better than they really are! tax incentives often bring in other businesses from nearby states and only increases economy in a small local area as it destroys it in another. Some businesses make a good return by always changing locations with each bigger tax break.
Illinois Democrat Govenor proposes 20% tax reduction on business to stimulate economy, whats up?
the 20% tax cut sounds good but did he have to throw in $300 per child!! Children do grow up, and I have found a never ending supply(of children) They always have to throw in the kids!!! They forgot the old so all bases can get covered.
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