Sunday, November 8, 2009 East Central Illinois

Rumored tax plan has business groups gritting their teeth

By Kate Clements
Wednesday, March 7, 2007 6:55 AM CDT

SPRINGFIELD – Gov. Rod Blagojevich is expected to propose a controversial new tax on business transactions today to help pay for his new spending plan.

Business groups have been mobilizing against the plan for several weeks, saying a gross receipts tax will hurt not only companies that operate here, but also the consumers who buy their products and services.

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