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New Study Shows Large Tax Burden For Illinois Businesses – 4/19/17

Last Updated on April 19th, 2017

Written by Kendra Tillman

>>New Study Shows Large Tax Burden For Illinois Businesses

Businesses in Illinois pay more in taxes than their counterparts in the state’s neighbors. A new report from the Anderson Economic Group, released yesterday, shows Illinois businesses send almost nine-and-a-half percent of their profits to government. That compares to seven-percent in Indiana and Missouri, and just under nine-percent in Wisconsin.