Of the 1,050 new jobs announced, Sprint expects about half to be retail positions and the other half to be filled by wireless experts, network technicians and engineers.
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.
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.
The governor’s agenda should be cause for optimism across the state: competitiveness, not cronyism, is the right path forward to spark an Illinois comeback.
The DCEO’s decision to play by its own rules deserves scrutiny not only because of its monetary cost, but because it involves a fiduciary failure symptomatic of governmental disregard for the rule of law. It exemplifies a political culture that must change if Illinois government is to turn the corner and move toward restoration and renewal.
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.