Ill. tax measure would paint only partial picture


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Posted Online: Dec. 09, 2012, 10:03 am
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CHAMPAIGN, Ill. (AP) Democratic leaders in Illinois' General Assembly want to make public how much publicly traded companies pay or don't pay in state taxes. But their corporate tax-disclosure bill may have a tough time painting a complete picture.

Skeptics like Todd Berry of the nonpartisan Wisconsin Taxpayers Alliance say corporations are usually structured in complex ways in different locations. That makes it difficult to say just how much they're paying.

The bill was introduced by Senate President John Cullerton and House Majority Leader Barbara Flynn Currie. The Senate passed it last week.

Cullerton spokeswoman Rikeesha Phelon acknowledges that a complete picture may be hard to get. But she says even an incomplete picture would be better than none at all.














 



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  Today is Wednesday, July 30, the 211th day of 2014. There are 154 days left in the year.
1864 -- 150 years ago: After Sept. 1, every small box of matches will be required to have a 3 cent duty Lincoln stamp on it, and every large box will be one cent for every 100 matches.
1889 -- 125 years ago: Rock Island residents had contributed a total of $1,293 to the American Red Cross for the Johnstown flood relief fund.
1914 -- 100 years ago: Capt. Clark Means, new darkhorse twirler for the ARGUS staff, was in great form in his initial contest as a mound laborer. The result was that THE ARGUS trimmed the Union 6-5.
1939 -- 75 years ago: Hunter and Humprey Moody, young Decatur, Ill, brothers, lack only a few hours of establishing a new world light plane endurance record.
1964 -- 50 years ago: Gates of the 110th annual Mercer County Fair swing open tonight at Aledo for a full week of day and night activity. More that $36,000 will be paid in premiums and race purses.
1989 -- 25 years ago: The baseball field carved out of the cornfield near Dyersville, Iowa, continues to keep dreams alive for hundreds of visitors. Tourists from 26 state and France have visited Dan Lansing's farm to see the baseball diamond seen in the hit movie "Field of Dreams."






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