WBEZ | corporate taxes http://www.wbez.org/tags/corporate-taxes Latest from WBEZ Chicago Public Radio en Corporate tax bill rejected in House committee http://www.wbez.org/news/corporate-tax-bill-rejected-house-committee-104738 <p><p>SPRINGFIELD, Ill. &mdash; An Illinois House committee has voted down legislation requiring that some corporations make their income-tax bills public.</p><p>The revenue and finance committee rejected the proposal Sunday, keeping it in committee. Several Republicans called it anti-business and anti-employment.</p><p>The Senate approved the bill in November.</p><p>Senate President John Cullerton and House Majority Leader Barbara Flynn Currie have said most Illinois corporations don&#39;t pay any income tax but state officials don&#39;t know who they are. The Chicago Democrats have said the proposal would help lawmakers decide future tax policy and whether corporate tax breaks are effective.</p><p>Publicly traded corporations would have to post online the amount of corporate income taxes they paid two years prior to publication.</p><p>Business groups say tax bills are confidential.</p></p> Sun, 06 Jan 2013 20:51:00 -0600 http://www.wbez.org/news/corporate-tax-bill-rejected-house-committee-104738