“Cullerton tax transparency plan squeaks through Illinois Senate” @ WBEZ

Posted on November 29, 2012

Associated Press and Tony Arnold — November 28, 2012: “SPRINGFIELD, Ill. — Illinois Senate President John Cullerton’s plan to require corporations’ income tax bills to be made public has barely won approval.

The Senate voted 30-27 Wednesday to okay a proposal Cullerton says would help lawmakers plan tax policy.

Cullerton says it’s hard to know how much in taxes companies like Sears or CME Group pay. So the Democrat says the proposal to make publicly traded companies share how much they pay in state taxes will create a more fair corporate tax system……………………”

Read more at WBEZ.