Anderson Economic Group Work

Illinois takes a bigger piece of local businesses' profits than all neighboring states

Illinois' businesses are taxed higher than all of their neighbors. That's according to a new report ranking states by their burdens on local companies.

Chicago-based Anderson Economics Group's annual report on the level of tax burdens on businesses shows Illinois companies aren't as taxed as much as they are in states such as New York and Hawaii. But the Land of Lincoln takes a higher share of business profits than neighboring states.

 

Read More