The Romeoville fulfillment center is one of several Illinois facilities Amazon has opened or plans to open in the coming years. For some of those locations, Amazon has signed deals with the state of Illinois worth tens of millions in potential tax credits.
Sears Holdings has dropped below the job threshold necessary to qualify for the $15 million in annual state tax credits for which it was once eligible.
Senate Bill 1719 would impose a 20 percent surcharge on fees earned by investment managers, but the spring legislative session ended with the Illinois House failing to call the measure for a vote.
Motorists in Chicago face higher gas prices than the national and state average, due in part to the multiple layers of taxes heaped upon by state, county and local government.
A new survey from Harris Poll for Express Employment Professionals shows that nearly half of unemployed people in Illinois have given up looking for work.
Illinois’ tax code stands in the way of the state’s economic competitiveness. The combination of high tax burdens and a poor tax structure contributes to the loss of jobs and investment to other states. From a place of former economic dominance, Illinois now ranks 45th in gross state product (GSP) growth over the past decade...