Donald Trump

How Trump’s tax proposals would affect Illinois

By Michael Lucci
05/01/2017
The corporate tax reforms under President Donald Trump’s proposed tax plan could strengthen Illinois’ position as a home for businesses, but the state’s uncompetitive income, property and death tax policies would put its residents at an even greater disadvantage with respect to other states if the president’s plan passes.

TAGS: Chicago, corporate income tax, death tax, Donald Trump, estate tax, income tax, outmigration, population, property taxes, tax credits, taxes

Illinois General Assembly proposes new internet privacy protections

By Amy Korte
04/11/2017
As the federal government repeals regulations requiring broadband companies to obtain consumers’ consent before using their browsing history and other personal information to create targeted ads, Illinois state politicians are moving to ramp up privacy protections. However, whether these bills would actually further those privacy goals or whether they would merely bolster Illinois’ class-action lawsuit industry while burdening businesses are open questions.

TAGS: Ann Williams, Arthur Turner, BIPA: Biometric Information Privacy Act, Consumer Fraud and Deceptive Business Practices Act, Donald Trump, Facebook, FCC: Federal Communications Commission, Geolocation Privacy Protection Act, Google, Lou Lang, Michael Hastings, Microphone-Enabled Devices Act, Right to Know Act

Trump can help save Chicago manufacturing jobs by taking on sugar tariffs

By Michael Lucci
12/04/2016
Chicago and Illinois have plenty of their own problems on the manufacturing front, with issues such as high property taxes and workers’ compensation costs driving production facilities to other states. But U.S. trade policy regarding sugar isn’t helping matters. For each one sugar growing and harvesting job saved through high U.S. sugar tariffs, nearly three confectionery manufacturing jobs are lost, according to the International Trade Administration.

TAGS: manufacturing, sugar tax