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According to research provided by the legislature's fiscal research agency, the tax-reform bill passed by the General Assembly will provide notable tax breaks to the wealthiest residents in the state, while increasing the tax burden of the poorest residents.
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TAX BREAKS A couple of tax breaks may defray costs.
The omissions are particularly notable because it's hard to kill tax breaks, especially for companies or industries with armies of lobbyists.
The losses that drove Sears Holdings Corp. into bankruptcy could end up being a valuable multibillion-dollar asset because of tax breaks — especially for Eddie Lampert, its chairman and most notable creditor.
A notable exception is the UK, which increased subsidies by opening up new tax breaks for North Sea oil producers.
"Tax breaks for outsourcers?
Tax breaks help, too.
First, tax breaks.
Planned tax breaks were delayed.
Tax breaks work like spending.
The city promised tax breaks.
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