Chris Murphy Chris Murphy
12:00pm - 1:00pm
News Feed

Contact Me

My Blog

Infinite Menus, Copyright 2006, OpenCube Inc. All Rights Reserved.
Custom Search
October 23, 2014, 12:54 pm
Breaking News

The Council Roundup

The Council Roundup, Wednesdays at 10 with Bishop On Air


970 WMAY News

Madigan Proposes Corporate Tax Cut

Illinois corporations could see a sharp decrease in income taxes under a proposal from House Speaker Mike Madigan. 


Madigan has introduced legislation to cut the corporate income tax rate in half, effective retroactively back to January 1st.  Dropping that rate from 7 down to 3.5 percent will save businesses $1.5 billion a year, according to Madigan’s office. 


A second corporate tax would remain intact, for a total corporate tax rate of six-percent if Madigan’s plan is approved.  That’s lower than most surrounding states, and Madigan says that should help Illinois attract and retain businesses.

News Video

On Air Video

Facebook Fans

LinkedUpRadio Envisionwise Web Services