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ILLINOIS GOVERNOR LASHES OUT AT TAX FOUNDATION

March 22, 2007

The Tax Foundation has criticized the half-baked plan for a gross receipts tax proposed by Illinois Governor Blagojevich. The Tax Foundation has a long history of opposing gross receipts taxes as bad policy.

Governor Blagojevich, of course, responded with a thoughtful and well-supported response, engaging his critics and inviting them to help improve his plan. Just kidding.

Governor Blagojevich responded in the fashion of sleazy populists everywhere, saying through a spokesweasel that "The Tax Foundation is funded by big business and they all sit on its board, so consider the source."

The Blagojevich plan would increase the Illinois tax burden 27%. And if he really thinks that the burden will only fall on "big business," he's not paying attention at all.

Prior Tax Update coverage here.

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