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PI Original
by David Milton Brent
11:44am
Thu Nov 10, 2011

As Corporate Tax Break Package Expands, So Does Opposition

The Illinois state legislature this week is debating several versions of a tax break package aimed at incentivizing corporations to remain in Illinois. Community groups have responded with strong opposition to aspects of the current plan.

Quick Hit
by Progress Illinois
3:26pm
Wed Oct 5, 2011

Op-Ed: Corruption Highlights Need for TIF Reform

The following is an op-ed by Amisha Patel, executive director of the Grassroots Collaborative.

The report released by Inspector General Joe Ferguson on Monday that documents developers being forced to donate taxpayer dollars to the politically-connected After School Matters underscores the point that the TIF system must be reformed.

It is troubling that Chicago taxpayer money was abused so egregiously by city officials. Even more worrisome, the city continues to lack transparency in TIF deals, allowing the continued possibility of corruption in taxpayer dollars.

Quick Hit
by Aricka Flowers
4:57pm
Fri Sep 30, 2011

Dold To Hold Last Minute Town Hall

Constituents in the 10th congressional district are calling out U.S. Rep. Bob Dold (R) for holding a town hall meeting with little notice. The town hall meeting will take place tomorrow morning at 11 a.m. at the Wheeling Park District Rec Center, located at at 333 W. Dundee.

According to the Wheeling Township Democratic Organization (WTDO), the town hall meeting will cover the issues of jobs, taxes, and the economy.

Quick Hit
by
12:22pm
Wed Jun 15, 2011

Thousands Gather To Protest CFO Summit (VIDEO)

Dubbed the “Give It Back Rally,” organizers estimate that 5,000 people showed up to protest against corporate businesses outside the annual Chicagoland CFO Executive Summit at the Hyatt Regency downtown.

The rally lasted about an hour, shutting down parts of Wacker Drive and Michigan Avenue during the evening rush hour to accommodate the relatively peaceful protest, with officers policing on bicycles, cars, SUVs, horses, and segways.

Jesse Jackson made a surprise appearance and the event also had its own Twitter account mocking "corporate welfare kings." See our video of the sights and sounds after the jump.

Quick Hit
by
2:38pm
Tue Jun 14, 2011

Scorecard: Corporate Business Movement In Illinois

Those paying attention to the happenings with local corporations are likely getting whiplash from all the comings and goings in the state of Illinois.

The movements in the state have been especially magnified since Illinois raised the personal income tax rate from 3 percent to 5 percent and the corporate rate from 4.8 percent to 7 percent in January.

Check out the quick scorecard Progress Illinois has pulled together of the jobs set to be lost or gained as of lately.

Quick Hit
by
11:20am
Thu Apr 28, 2011

Number Of The Day: (A Misleading) $8.3 Billion

Illinois State Comptroller Judy Baar Topinka says the state is on pace to be $8.3 billion in the hole by June 30, the end of the fiscal year. She slammed the controversial state tax increase because she said the state will still owe what it did a year ago. But it has been pointed out that she got to the “misleading” billions by adding up the unpaid bills and projected unpaid bills.

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