We share what you had say about our one-on-one with Gov. Bruce Rauner and the possibility of ending some state tax breaks in tonight's viewer feedback.
Illinois is one of only three states that does not tax retirement income. That cost the state $2.2 billion in FY 2013, and along with other tax breaks the total revenue the state is foregoing is close to $9 billion. Is it time to reassess and end at least some of these tax breaks? Laurence Msall, president of the Civic Federation, is just back from Springfield and joins us to share his thoughts.
AbbVie, the research arm of Abbott Laboratories, bought the Dublin-based Shire pharmaceutical company last Friday for nearly $55 billion. We break down the economic impact this move will have on Chicago.
At last, Illinois lawmakers voted Tuesday to give CME and Sears $100 million in combined tax breaks, as well as substantial tax breaks to the working poor.
Corporate Tax Breaks
Did the Chicago Mercantile Exchange and Sears get the big tax breaks they've been hoping for? We review today's special session in Springfield.