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A 1040 Federal income tax form.
Flickr/401(K)2012

Tax Break For Lower Income Earners In State Budget Package

A tax increase is not the only change coming for some Illinois residents as the new budget package is rolled out.  The General Assembly approved a tax package earlier this month that raises the income tax rates for both businesses and individuals.  But it also comes with an increase to the state’s earned income credit.  

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