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Tax Breaks

Joseph Berrios

Cook County’s Top Watchdog Suing Berrios For Ignoring Subpoena

Cook County Inspector General Patrick Blanchard says Joe Berrios has been dodging a subpoena for nearly a year. Now Blanchard is taking the Cook County Assessor to court.

06/12/2013

Illinois State Capitol

Lawmakers Pass Bill Demanding Open Books On Corporate Tax Breaks

Before adjourning the spring session and leaving Springfield last week, Illinois lawmakers sent Gov. Quinn a bill that would require the state to reveal the details publicly on corporate tax breaks.

CBS Chicago–06/05/2012

Sears Sign (Photo by Justin Sullivan/Getty Images)

Sears Holdings To Close 5 Illinois Stores

The stores to be shuttered are a Sears in Alton, a Sears Grand/Essentials in McHenry and three K-Marts — in Oak Lawn, Zion and Peru.

02/24/2012

(Credit: Illinois Department Of Revenue)

New Illinois Law Raises Earned-Income Tax Credit

Legislation aimed at helping poor Illinois families keep more of what they earn was signed into law Tuesday, a month after Gov. Pat Quinn signed companion legislation granting tax breaks and incentives aimed at keeping two big employers in the state.

01/10/2012

Unemployment Line

Report: Corporate Tax Breaks Often Don’t Mean Good Jobs In Illinois

Illinois is better at giving away tax breaks than at drawing good jobs as a result, according to a new national report.

CBS Chicago–12/15/2011

Chicago Board of Trade (Scott Olson/Getty Images)

Senate Passes Tax Breaks For Sears, CME Group

The state Senate has approved a package of tax breaks designed to keep retail giant Sears and Chicago’s main financial exchanges from leaving the state.

12/13/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

Illinois House Approves Tax Breaks For Sears, CME

The Illinois House has approved a package of tax breaks designed to keep retail giant Sears and the Chicago-based financial exchanges

12/12/2011

Illinois House Floor

House Reaches Deal For Tax Breaks For Sears, CME

Illinois lawmakers will try again to pass a measure aimed at keeping two of the state’s largest companies from jumping ship.

CBS Chicago–12/08/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

Quinn: No Bidding War To Keep Sears

Governor Pat Quinn says he’s confident Sears will stay in Illinois but won’t get into a bidding war to keep the retailer in the Chicago suburbs.

12/01/2011

Illinois House Floor

Sears Disappointed In State House’s Rejection Of Tax Break

Sears Holdings Corp. says it is disappointed after the Illinois House of Representatives voted down legislation that would have provided tax breaks to keep the retailer, as well as the CME Group, in the state.

CBS Chicago–12/01/2011

Illinois House Floor

Illinois House Rejects Tax Breaks For CME, CBOE, Sears

Illinois lawmakers went home Tuesday night after hitting an impasse over a $250 million package of tax relief designed to keep several high-profile companies from leaving the state.

11/29/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

Lawmakers Consider Tax Breaks For Sears, CME

Illinois lawmakers return to Springfield today to finish the fall veto session.

11/28/2011

Illinois State Capitol

Tax Breaks For CME Group, Sears To Be Discussed After Thanksgiving

SPRINGFIELD, Ill. (CBS) — Tax breaks for a few big businesses could get a vote in the Illinois General Assembly after Thanksgiving. As WBBM Newsradio’s Dave Dahl reports, lawmakers will return on Nov. 29, after […]

CBS Chicago–11/17/2011

Illinois House Floor

State Lawmakers Still Must Deal With Tax Breaks, Facility Closures

Unfinished business is bringing Illinois lawmakers back to Springfield after Thanksgiving.

CBS Chicago–11/16/2011

Illinois State Capitol

Emanuel Gets Split Decision On Springfield Agenda

It was a “split decision” in the state capitol for Chicago Mayor Rahm Emanuel during the General Assembly’s veto session.

CBS 2–11/10/2011

Illinois State Capitol

Emanuel’s Legislative Agenda Not A Sure Thing In Springfield

Mayor Rahm Emanuel is learning a lesson in power politics from the Illinois General Assembly – that he cannot always get what he wants. Not everything, anyway.

CBS Chicago–11/09/2011

Walter Jacobson

Walter’s Perspective: Say No To Tax Breaks For CME

Hear ye, hear ye, the Illinois General Assembly is back at work for the people of Illinois and it’s not doing very well.

CBS 2–11/08/2011

The headquarters of Sears Holding Corporation rises above the trees on the company's corporate campus in Hoffman Estates. (Credit: Scott Olson/Getty Images)

School District 300 Head Offers Alternative To Keep Sears In Illinois

A northwest suburban school superintendent is trying to keep Sears headquarters in his district with a more evenhanded approach than hundreds of protestors who don’t care if Sears stays or goes.

CBS Chicago–10/25/2011

Chicago Mercantile Exchange

‘Occupy Chicago’ Group Protests Tax Breaks For CME, CBOE

About “Occupy Chicago” 100 protesters marched on the offices of Mayor Rahm Emanuel and legislative leaders downtown Tuesday.

CBS Chicago–10/25/2011

Illinois State Capitol

Students To Rally At Capitol To Oppose Tax Break For Sears

Staff, parents and students from School District 300 in the northwestern suburbs were headed to Springfield on Monday to tell lawmakers they oppose extending existing tax incentives to keep Sears headquarters in Hoffman Estates.

CBS Chicago–10/24/2011

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