In exchange for more than $112 million in tax breaks, Amazon promised to expand its Illinois operations and hire 7,200 new employees in Aurora, Monee and Joliet.
Under a 2015 agreement between the Department of Commerce and Economic Opportunity and The Advisory Board Co., the state gave a tax credit worth millions of dollars in exchange for 55 jobs.
Newly released census data show more than 5,100 Lake County residents moved to other U.S. locales last year, causing the county’s population to shrink.
A bill in the Illinois Senate would provide certain alcohol producers some freedom within the state’s three-tier system – which has been maintained through measures limiting competition and benefiting the politically connected.
As lawmakers consider massive tax hikes on Illinoisans, they should look to consolidate nearly 7,000 units of local government and to cut their high administrative costs.
Illinois ranks as the top pumpkin producer in the country, which isn’t much of a consolation given the state’s poor performance in almost every economic category.
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.