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Small Biz Tax Credit Up for Debate in Gov's Race
A tax credit for small businesses is at issue in the race for governor.

Gov. Pat Quinn is promoting a small business tax credit that he accuses the Republican candidate, State Sen. Bill Brady (R-Bloomington), of wanting to reduce, but Brady's campaign says Quinn is distorting Brady's proposal.

Quinn held a government news conference Monday to promote the tax credit he signed into law in April. It gives a $2,500 tax credit for new hires at businesses with 50 or fewer employees.

Brady spokeswoman Patty Schuh says Brady has long proposed a $2,100 tax credit for all businesses in the state, not just small ones, and she adds Brady voted for the $2,500 tax credit.

Quinn's campaign accuses of Brady wanting to reduce the overall tax credit so he can help big businesses.

(Illinosi Radio Network)
08 17 10 by Newsroom
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