DCEO’s flagship program is a total failure

Nearly 600 Illinois workers will be laid off come 2015, according to notices filed in accordance with the Workers Adjustment and Retraining Notification Act, or WARN. Among the layoffs – which include 123 workers at Dixon, Illinois-based Anchor Coupling Inc.; 82 workers at plastics products-maker Pp Il LLC; and 58 workers at Jim’s Formal Wear,...

TAGS: EDGE: Economic Development for a Growing Economy, Jim’s Formal Wear, Microsoft, Motorola, Nokia, WARN

Illinois has given companies more than $830M in EDGE tax credits since 1999

By Robert Steere

10/08/2014

Illinois’ Economic Development for a Growing Economy, or EDGE, tax credit program has been making the news from time to time during recent months, mostly in the context of discussions on how to reform Illinois taxes and grow Illinois’ economy simultaneously. The program is on the chopping block. Notably, talk of changes to the EDGE...

TAGS: EDGE: Economic Development for a Growing Economy

Illinois Begging Companies Not to Leave with Tax Credits

10/14/2010

by Wesley Fox Governor Quinn recently announced a new $7 million “business investment package” that will keep U.S. Cellular’s headquarters in Illinois. The package is part of the state’s Economic Development for a Growing Economy Tax Credit Program (EDGE). The program provides tax credits to companies that promise to make capital investments within the state and create 25 new...

Economic development

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

WARN report: amidst 600 layoffs, state picks phone favorites

Illinois has given companies more than $830M in EDGE tax credits since 1999

Illinois Begging Companies Not to Leave with Tax Credits

Taxed out: 10 reforms to stop Illinois from losing people and jobs

Report Archive

Take advantage of the various ways to vote

Process for unionizing non-state workers raises red flags

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