(Chicago Tribune) — While the size of the state corporate income tax hike ultimately was whittled down a bit, Illinois businesses still feel gored, and neighboring states began circling immediately to woo relocations. The 11th-hour modification “is a joke,” said Ty Fahner, president of the Civic Committee of the Commercial Club ofChicago. “It’s like saying I’m going to hit you hard, and now I’m going to hit you a little. I believe it’s disingenuous and it puts Illinois in a terrible spot in terms of creating or keeping jobs here.” The outcry by business leaders, and even Chicago Mayor Richard Daley, was not lost on neighboring states.
Businesses Don’t Like Illinois’ Corporate Tax Increase, but Neighboring States So
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