Quinn Is Unimpressed with Rauner’s Loophole Ideas

Quinn Is Unimpressed with Rauner’s Loophole Ideas

Gov. Pat Quinn doesn’t think highly of his opponent’s suggestions to close tax loopholes.

Quinn believes Republican Bruce Rauner’s proposals to end what Rauner called “corporate welfare” in Illinois shouldn’t be taken seriously. “Well, he’s a beneficiary of corporate welfare,” Quinn said. “So he’s a practitioner of that area.”

Quinn says he’s done work to close tax loopholes before, mentioning his support for the proposed changes to the EDGE tax incentive for businesses.

Rauner’s plan includes a promise to veto any deals on EDGE credits for one company, along with getting rid tax exemptions for racehorses, jets, and yachts.

Recent Headlines

in Local

Springfield Micro-Lending Fund Gives $120K in 1st 2 months

City of Springfield

The city of Springfield’s new micro-lending program has given out a total of $120,000 in loans to small business owners…

in Local

U of I Business Incubator has NSF Grants for Female and Minority Entrepreneurs

u of i research park

The people trying to turn ideas into commerce at the University of Illinois have a $100,000 grant from the National Science Foundation in a program called AWARE.

in Local

SAA Hopes to Restore Lincoln-Era Piano with Crowdfunding Help

lincoln piano

A crowdfunding campaign hopes to raise the final $7,500 needed to bring a possibly 180-year piano back to playable condition.

in Local

Foul Play Not Suspected in Death of Southern Illinois Woman

jeannie schuur

Authorities in southern Illinois say foul play is not suspected in the death of a 22-year-old Murphysboro woman whose body…

in Local

Prosecutors: Man Eyed Targets After Brother Shot

corey morgan

Investigators say a Chicago man suspected in the fatal shooting of a 9-year-old boy went looking for targets after his brother was killed during a months-long gang feud.