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Illinois Legislation Approves 66% Tax Increase!

Jan 12th 2011
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Both the Illinois House and Senate have passed legislation that would increase income tax rates in Illinois.

Individual income tax rates would rise to 5 percent from its current rate of 3 percent.

Corporate taxes would rise to 7 percent from its current rate of 4.8 percent.

For more information check out the New York Times article.


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