Civic Federation Wants Higher Income Tax

/ Vandalia Radio

(Chicago, IL)  —  A government watchdog group is recommending higher taxes as part of a five-year plan to end the longstanding budget stalemate. The Civic Federation suggests raising the individual income tax rate from three-point-75-percent to five-and-a-quarter, as well as raising the corporate tax rate and taxing retirement income. The group also recommends limiting the growth in state spending to one-point-seven-percent per year. 

David Stewart/jm       IL)

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