Illinois’ film tax credit program is a slap in the face to the state’s small business community outside the spotlight, does little to grow good jobs and is rife with corruption.
Gov. Bruce Rauner ordered Cinespace Chicago Film Studios to pay back their most recent $10 million grant, but further action is necessary to stamp out cronyism in Illinois.
Chicago’s $1.15 billion projected budget gap is the latest in a decades-long string of structural deficits. Making Chicago’s high taxes worse is not the solution.