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Cullerton, Madigan want to review state's business tax structure

Top Democrats in the General Assembly said Thursday they want to review Illinois' business tax structure, but did not say what changes might be made to it.

Senate President John Cullerton and House Speaker Michael Madigan, both Chicago Democrats, said they want both chambers' revenue committees to review the state's tax policy in joint hearings over the next several months.

"I see this as a timely opportunity for critics and advocates alike to participate in the process and offer their views on what the state's business policies should be," Madigan said in a prepared statement.