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Tax Breaks

Governor candidates assess overseas tax breaks

CHICAGO | The practice of U.S. corporations reorganizing with foreign entities overseas to reduce taxes back home has emerged as an issue in Illinois' gubernatorial race, with Gov. Pat Quinn strongly condemning the growing trend as "unpatriotic" on Wednesday and questioning his Republican ch…

July 30, 2014 3:28 pm
Region senator skeptical of Pence tax conference

Region senator skeptical of Pence tax conference

INDIANAPOLIS | The top region Democrat on the State Budget Committee isn't expecting much good to come Tuesday from Republican Gov. Mike Pence's Tax Competitiveness and Simplification Conference.

June 23, 2014 5:30 pm

South Holland approves property tax levy for upcoming year

SOUTH HOLLAND | The Village Board gave its approval to a 4 percent increase in the levy that determines the amount of money it expects municipal government to receive from local property taxes.

December 06, 2013 7:45 pm
Tax credit luring pre-Broadway shows to Chicago

Tax credit luring pre-Broadway shows to Chicago

CHICAGO | The New York-bound musical "Kinky Boots" enjoyed a pre-Broadway run at a downtown Chicago theater this fall, but only after the state of Illinois lured producers with something that's scarce these days — money.

November 27, 2012 12:00 am Photos


Tax credit luring pre-Broadway shows to Chicago

Tax credit luring pre-Broadway shows to Chicago

In this Oct. 11 photo provided by Broadway in Chicago, actors Stark Sands, left, and Billy Porter are seen in a preview performance of "Kinky Boots" at the Bank of America Theatre in Chicago. Illinois has a tax credit to attract pre-Broadway and long-run shows to the state. "Kinky Boots" has…

November 27, 2012 12:00 am

Cook County backs property tax break for Sauk Village business

CHICAGO | The Cook County Board gave its approval Tuesday to a significant property tax break for a company that wants to take over an abandoned industrial building in Sauk Village.

October 16, 2012 6:30 pm

Keep funding Medicare for seniors who built America

President Barack Obama has said Mitt Romney would give the rich additional tax breaks and he would gear Medicare more toward the seniors. Well, who paid taxes for this? I sure hope he doesn't think the people on welfare did!

August 17, 2012 12:00 am

Cal City Council recommends property tax break for business plan

CALUMET CITY | City officials are asking the Cook County Board to grant a significant property tax break to a company that wants to open a new facility in the city.

April 15, 2012 11:15 pm

Lawmakers return today for another tax relief vote

SPRINGFIELD | After watching a business tax relief package go down in flames in the Illinois House earlier this month, negotiators have turned to a new strategy to try and prevent some well-known companies from fleeing the state.

December 12, 2011 12:45 pm

Tax breaks for businesses back on Capitol agenda

SPRINGFIELD | Talks aimed at keeping two Illinois corporations from leaving the state will resume today when a panel of lawmakers returns to the Capitol with a goal of hammering out a deal before the end of the month.

November 15, 2011 7:15 pm
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