Madigan proposes cutting business income tax in half
SPRINGFIELD — House Speaker Michael Madigan played a little role reversal Thursday, proposing to cut in half the state income tax on corporations, a move that could further frame this...
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NLRB experiencing an influx of nonunion charges
Labor groups and worker centers increasingly are filing charges with the National Labor Relations Board on behalf of people who aren't union members. "It seems clear to me that a...
State lawmakers set to consider reforms for controversial tax credits
Illinois lawmakers are set to meet Friday morning in Chicago to consider possible reforms to a controversial state tax credit program. Critics of the program known as EDGE point out...
Illinois lawmakers to discuss future of tax credit program
A month after Illinois lawmakers failed to grant special tax incentives to a handful of companies, House members are to gather Friday in Chicago to discuss the future of the...
After-Christmas sales lure shoppers
The day after Christmas, Abercrombie & Fitch's website proclaimed "Entire store 50 percent off," while Aeropostale declared, "Everything up to 70 percent off." Old Navy, meanwhile, offered up to 60...
Navistar, rivals win delay of tougher emissions standards in Colombia
When Colombia tried narrowing the gap between its emissions standards and those of the United States and Europe, U.S. manufacturers pushed back. In September, the manufacturers won a reprieve. They'll...
Office Depot picks Boca Raton, Fla., over Naperville for headquarters
Office Depot, which had been seeking millions in tax incentives from Illinois and Florida, said Tuesday it has picked Boca Raton, Fla., for its new headquarters, a move that will...
Special tax incentive bills stall for 3 companies
— Two bills that would grant special tax breaks for three companies have stalled until state lawmakers return here in the spring. The bills, aimed at allowing Archer Daniels Midland,...
Tax break deals for Office Depot, ADM, Univar stall
Two bills that would grant special tax breaks for three companies have stalled until state lawmakers return here in the spring. The bills, aimed at allowing Archer Daniels Midland, Office...
Bill offers tax incentives to ADM, Univar, Office Depot
Illinois lawmakers on Monday introduced a bill that would grant special incentives to three of the at least half a dozen companies seeking to keep taxes their employees would have...