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Funding Information
We have been inundated with many variations of funding plans to operate the State of Illinois for one more year. I just received information from the Center for Tax and Budget Accountability regarding HB/SB 750 and also about Gross Receipts Tax. These two documents are available on online to provide another explanation of both HB/SB 750 and the concept of the Gross Receipts Tax. Obviously, there is a great deal of controversy regarding Governor Blagojevich’s revenue plan. It is important for the public to understand the nuances of the many programs and plans that have been brought forth. Check these reports:
Links:
http://www.ctbaonline.org/New_Folder/Home%20Page/Fact_Sheet_GrossReceipts_3-2007.pdf
http://www.ctbaonline.org/New_Folder/Home%20Page/Fact_Sheet_750_Package_3-2007.pdf
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