It actually went into effect in August after being signed by Governor Pritzker. But it was filed and sponsored by
IL Republican Senator Win Stoller. And he was able to bring on board about 15 Republicans and 14 Democrats (Senate and House) to cosponsor and get it passed. It's a win for small businesses in terms of how they do their business tax deductions and the SALT limit. Because it's almost tax time, we did this story today.
Win Stoller was featured in an "On The Record" interview talking about his bill. Some of it aired on Good Day Central Illinois, but the entire 9 minute interview can be seen on CiProud.com
https://www.centralillinoisproud.com/ne ... ax-season/
Wow, imagine that. A station accused of leaning a certain way showcasing the accomplishment of a GOP state senator on something that helps small businesses, many who also probably are Conservative.
For those that are not satisfied with this, here is the link to the actual bill that a Democratic Governor signed into law.
https://www.ilga.gov/legislation/BillSt ... 110&GA=102
@WAPJoe if you think this is too political, feel free to move it to local politics.
New SALT Tax deduction Law
Good to see the political parties working together. We just don't get much of that at all anymore. Now there is a novel idea,....working together!
People don't care how much you know.
They want to know how much you care.
They want to know how much you care.
Why did you have to throw this in? This story doesn't undo the hundreds of Leftist stories you guys have put out and continue to put out.DennisinPeoria wrote: ↑Mon Jan 17, 2022 6:26 pm Wow, imagine that. A station accused of leaning a certain way showcasing the accomplishment of a GOP state senator on something that helps small businesses, many who also probably are Conservative.
