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Illinois lawmakers scrutinize tax incentives

Illinois lawmakers Friday took the first step in examining the state’s tax policy and use of corporate tax incentives, which could lead to changes in the state’s main economic development program.

Rep. John Bradley, chairman of the House Revenue and Finance Committee, demanded data on how Illinois fares compared with other states in its use of tax incentives to retain or attract businesses, as well as tax rates, unemployment figures and other economic indicators…Please click here to read Alejandra Cancino’s story in the Tribune, and a related story here.

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