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Business tax burden higher in Illinois than Midwest

As Springfield lawmakers wrestle with whether to raise taxes to ease a sea of red ink, a new report takes a good look at where Illinois business stands in terms of what it’s paying relative to its peers.

The bottom line: Nationally, Illinois stands about in the middle, ranking 30th of the 50 states and District of Columbia, in terms of the share of business profits taken by the state and local tax man combined. Our position has improved a tad in recent years as the income tax hike pushed through by former Gov. Pat Quinn began to go away.

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