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Watchdog Group: State should reduce income tax but tax retirees

Posted on March 03, 2014

Chicago Sun-Times

This article covers the State of Illinois FY2015 Budget Roadmap released March 3 by the Institute for Illinois’ Fiscal Sustainability at the Civic Federation. The report proposes a five-year plan for the State to achieve fiscal sustainability by controlling spending, gradually reducing income tax rates and broadening the tax base.