Chicago’s McCormick Place convention center has been a political money pit for nearly 60 years. And now state lawmakers are considering whether to keep subsidizing failure with more tax dollars.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...