tax credits

Illinois taxpayers paying for billionaires’ stadiums

06/02/2016

Taxpayers will shell out $36 million for Soldier Field in 2016, in addition to footing the bill for U.S. Cellular Field. And the city of Chicago is still pushing a plan for DePaul University that would cost an initial $55 million for a new basketball stadium.

TAGS: cronyism, tax credits

$2 million per year in tax breaks buys 2,000 new Amazon jobs for Illinois

05/27/2016

Amazon’s new Joliet, Ill., facilities will bring needed jobs to the state, but special tax deals are not the way to improve Illinois’ sluggish jobs climate.

TAGS: corporate income tax, jobs, tax credits

ConAgra move to Chicago is bittersweet for Illinoisans

By Austin Berg

10/07/2015

Downtown appeal and state-issued tax credits mask a discouraging jobs climate statewide.

TAGS: Bruce Rauner, ConAgra, DCEO: Department of Commerce and Economic Opportunity, EDGE: Economic Development for a Growing Economy, jobs, Pat Quinn, tax credits

Illinois DCEO gives Amazon tax credits worth $10 million

By Hilary Gowins

08/12/2015

With special tax breaks for Amazon, Illinois resorts to sweetheart deals to overcome the effects of the state’s anti-growth policies, leaving smaller businesses to shoulder the full tax and regulatory burden.

TAGS: DCEO: Department of Commerce and Economic Opportunity, tax credits

Fixing Illinois’ welfare cliffs

12/29/2014

Work should, in fact, pay.

TAGS: Chicago, tax credits, welfare

DCEO’s flagship program is a total failure

By Michael Lucci

12/28/2014

The DCEO started handing out EDGE tax credits in 2001. Nearly $1 billion later, Illinois is one of only seven states to be down jobs.

TAGS: DCEO: Department of Commerce and Economic Opportunity, EDGE: Economic Development for a Growing Economy, jobs, tax credits

Medline Industries has received $39.3M in tax credits in last 15 years

By Robert Steere

12/09/2014

A case study on the insider’s game of EDGE tax credits

TAGS: budget, EDGE: Economic Development for a Growing Economy, Medline, tax credits, taxes

Illinois corporate tax breaks serve as blank checks for big business

By Robert Steere

11/07/2014

Illinois taxpayers are the ones who must ultimately pay the price for crony deals.

TAGS: tax credits

Veto session at a glance

By Matt Paprocki

10/22/2013

Today marks the first day of the Illinois General Assembly’s two week veto session. Veto session is held for six days every fall to allow the General Assembly to take action on bills that the governor has vetoed. Since the spring legislative session, the governor has vetoed 10 bills – only three of those bills...

TAGS: Archer Daniels Midland, CME: Chicago Mercantile Exchange, fall veto, Groupon, John Cullerton, NALCO, Navistar, Sears, tax credits

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tax credits

Illinois taxpayers paying for billionaires’ stadiums

$2 million per year in tax breaks buys 2,000 new Amazon jobs for Illinois

ConAgra move to Chicago is bittersweet for Illinoisans

Illinois DCEO gives Amazon tax credits worth $10 million

Fixing Illinois’ welfare cliffs

DCEO’s flagship program is a total failure

Medline Industries has received $39.3M in tax credits in last 15 years

Illinois corporate tax breaks serve as blank checks for big business

Veto session at a glance

Chicago Forward 2026: A pro-growth plan to end city budget deficits

Report Archive

Diana Graham

Process for unionizing non-state workers raises red flags

CBS Chicago: Illinois’ highest-paid superintendent receives $400K per year to oversee 1,200 students