Illinois Gov. Pat Quinn’s proposal to give Illinois homeowners’ a guaranteed $500 property tax refund could leave most renters out in the cold, according to tax experts and renters’ rights groups.
The election-year budget proposal Quinn presented to lawmakers last week came with a big, bitter pill: his call to keep the state’s personal income tax rate at 5 percent next year, instead of letting it drop down to 3.75 percent as was the original plan.
(Story by Alex Keefe, WBEZ)
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