tax break

Twitter/Elliot Aviation

The Illinois Supreme Court has struck down a law meant to help a business expand in Illinois.  The Illinois Constitution says you can’t have laws targeting individual people or businesses. So to get around that, lawmakers will sometimes pass bills that seem general but, wink wink, everyone knows who’s benefiting.

A Moline-based aviation company has asked the Illinois Supreme Court to reverse an appellate decision that struck down a property tax break granted to them two years ago.

Mayors from five Illinois cities say they plan to tell state lawmakers that dozens of historic structure renovation projects could be at risk if a key tax break isn't preserved.

OfficeMax asks state for tax breaks

Jun 19, 2013

OfficeMax is asking the state of Illinois for tax breaks to keep the company's headquarters in-state after the office supply chain's merger with Office Depot is complete.  State Senator Tom Cullerton made his pitch Tuesday during a hearing on the state's pension crisis. He was joined by OfficeMax CEO Ravi Saligram, who says the combined company could be located here or in Florida, where Office Depot is headquartered.