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Illinois budget aims at growth but trims machinery tax break
Governor Thompson proposes 300000 for a national ad drive and over 200000 for overseas marketing to lift Illinois business image while rolling back a sales tax exemption on machinery and equipment. Chamber president Brann warns the rollback signals instability though others cite fiscal health. Department chief Castle notes mixed signals but supports keeping the state’s finances strong to attract investment.
MENTIONED IN THIS ARTICLE
Don Levener
Southern Illinois
Springfield
James R. Thompson
Illinois
Thompson
Lester Brann
Illinois State Chamber of Commerce
Brann
John Castle
Department of Commerce and Community Affairs
Castle