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Illinois ready to enact business tax break plan in four years
Illinois political negotiators near a final bill to end sales taxes on business expansion and equipment purchases over four years. The plan faces questions on cost to the treasury, with forecasts ranging from about 20 million to 45 million dollars in the first year, depending on timing and scope.
MENTIONED IN THIS ARTICLE
Richard H. Ieen Lindsay-Schaub
Springfield
Illinois
James Thompson
Robert Mandeville
Mandeville
Thompson
Illinois State Chamber of Commerce
Illinois Manufacturers Association
Robert Egan
Chicago
Senate Revenue Committee
Egan
Michael Bakalis
Senate
James Rupp
Decatur
Revenue Committee
Bakalis
Don Eslick
Robert Terzich
Terzich
Eslick. Bakalis