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Gov. JB Pritzker’s call to close ‘corporate loopholes’ has been met with mixed reviews.
After Gov. JB Pritzker outlined his $41.6 billion proposed budget for Fiscal Year 2022 last month, he faced a host of criticism from Republicans and members of the business community for his call to close $932 million in what he’s dubbed “corporate loopholes.”
The so-called loopholes run the gamut from changing the cap on corporate net operating loss deductions to biodiesel exemptions.
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