NTUI Asks Gov. Blagojevich To Honor Campaign Pledge And Veto New $30 Million State Tax

CHICAGO-The president of Illinois’ largest taxpayer organization asked Governor Rod Blagojevich (D) to veto Senate Bill 75, which would create a new $30 million tax on the recording of any real estate document, and would create a new bureaucracy to administer the granting of subsidies to landlords purportedly to help low-income housing. The new bureaucracy also would provide subsidies to developers of “affordable” rental housing. Read more