Office Depot http://wuis.org en Rauner Plans To Close Tax "Loopholes," Change EDGE Credits http://wuis.org/post/rauner-plans-close-tax-loopholes-change-edge-credits <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>Republican candidate for governor Bruce Rauner has unveiled what he says is phase three of his plans to "Restore Illinois." It's focused on how the state taxes businesses.</p><p>In a statement — he released the plan via social media, rather than at a live event — Rauner says he wants to close "special interest loopholes."</p><p>Like a tax break for buying a racehorse.</p><p>And, in a risky move as he seeks to win newspaper editorial boards' endorsements, he wants Illinois to begin taxing newsprint.</p> Wed, 25 Jun 2014 21:12:57 +0000 Amanda Vinicky 28024 at http://wuis.org Rauner Plans To Close Tax "Loopholes," Change EDGE Credits Madigan: Resist Temptation To Cave To Corporate Officials' Demands http://wuis.org/post/madigan-resist-temptation-cave-corporate-officials-demands <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A day after Office Depot announced it would stay in Florida rather than move to Illinois, the speaker of the House says Illinois needs to end its practice of offering tax incentives on a case-by-case basis.</p><p><span style="line-height: 1.5;">&nbsp;&nbsp;</span><span style="line-height: 1.5;">&nbsp;&nbsp;</span></p> Thu, 12 Dec 2013 00:19:54 +0000 Amanda Vinicky 14830 at http://wuis.org Madigan: Resist Temptation To Cave To Corporate Officials' Demands Illinois Loses Office Depot, Is ADM Next? http://wuis.org/post/illinois-loses-office-depot-adm-next <p><span style="line-height: 1.5;">&nbsp;&nbsp;</span>A newly merged Office Depot chose to locate its headquarters in Florida, instead of Illinois. A Republican candidate for governor says Illinois needs to hurry if it doesn't want a similar fate with Archer Daniels Midland.</p><p></p><p><span style="line-height: 1.5;">Archer Daniels Midland is based in Decatur now, and no matter what plans to keep many of its operations there. But it's searching for a new worldwide headquarters.</span></p><p>Chicago's in the running, but so are major cities.</p> Wed, 11 Dec 2013 00:11:00 +0000 Amanda Vinicky 14728 at http://wuis.org Illinois Loses Office Depot, Is ADM Next? Satellite TV Tax Could Help ADM, Office Depot http://wuis.org/post/satellite-tv-tax-could-help-adm-office-depot <p>Although pensions are atop the agenda Tuesday in Springfield, the Illinois General Assembly could consider a set of tax breaks for some of Illinois' biggest corporations.</p><p>Decatur-based Archer Daniels Midland is moving its corporate headquarters, and wants a tax break to remain in Illinois, most likely Chicago. Office Depot, newly merged with OfficeMax, is deciding whether to put its combined headquarters in Florida or Naperville.</p><p>The deal would let the companies keep money they deduct from employee paychecks for Illinois taxes.</p> Tue, 03 Dec 2013 12:00:30 +0000 Brian Mackey 14197 at http://wuis.org Satellite TV Tax Could Help ADM, Office Depot