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While the proposed compensation tax for people who work in La Grange was defeated three weeks ago by city council, a wage tax may not be dead yet.
The city’s ordinance committee met Thursday, July 18, to discuss new ways to borrow money, after Moody’s Investment Services downgraded the city’s credit rating from A2 to Ba2 – two levels below investment grade.
The committee also discussed a new proposal compensation tax.
Mayor Bill Lammlein said after the July 1 vote that he wouldn’t bring up the tax again.
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