CHICAGO — In a symbolic test vote, Illinois House members unanimously rejected Gov. Rod Blagojevich’s new $7.6 billion gross receipts tax on businesses — the cornerstone of his proposed $49 billion fiscal 2008 operating budget.
Illinois House Rejects Blagojevich’s Gross Receipts Tax
MAY 10, 2007 6:56pm ET
"One of these things does not belong" is a catchy slogan and it comes to mind when looking at the latest tax policy ideas coming from Washington when looking at the municipal bond tax exemption. The exemption is not a result of the growth of a tax code designed to induce or reduce certain behaviors. Rather, it is the foundation for the flow of capital in a $3.7 trillion dollar market required to efficiently finance the nation's infrastructure.
the bond buyer conferences
March 26-28, 2014Fontainebleau Miami Beach, Miami Beach, FL
May 1- 2, 2014Hyatt Regency, Baltimore, MD