Ill. tax measure would paint only partial picture


Share
Posted Online: Dec. 09, 2012, 10:03 am
Comment on this story | Print this story | Email this story

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.
















Local events heading








  Today is Thursday, May 23, the 143rd day of 2013. There are 222 days left in the year.
1863 — 150 years ago: Messrs. J. and M. Rosenfield have moved their leather and hidestore to the building formerly occupied by Temple Bufords's store. They buy and sellhides, pelts, furs, wool, beeswax, lard, tallow, etc.
1888 -- 125 years ago: The Rock Island Lumber Company has recovered 5,000 of the8,000 logs that were carried away by the Mississippi River flood last week.
1913 -- 100 years ago: John J. Ullemeyer has been awarded the contract to furnish RockIsland fire and police department members with uniforms, at the city's expense.
1938 -- 75 years ago: Work on Aledo's new $38,000 swimming pool was started thismorning at South Park when ground for the pool was broken by Mayor John W. Murphy.
1963 -- 50 years ago: Students and teacher at Moline High School called today "MissLeona Day" day at the school in honor of the government teacher who retires at theend of the school term. Although she's been teaching for 43 years at the school, Miss Dayfound a new way of arriving at the school this morning. At 7:30 a.m., a police squad carpulled up in front of Miss Day's home and escorted her to school. A caravan of students' cars joined the procession along the way.
1988 -- 25 years ago: Barbecue cooking and riverfront antics are planned for Discover the
River Day Saturday in Leach Park, Bettendorf. A 5K run, wind surfing, a canoe race, hogcalling and more will round out the day under the Interstate 74 bridge.




(More History)