$230 Million? From Where? For Whom?
- Illinois in 2011 is on pace to provide much more money in financial incentive programs to businesses to retain and add jobs, with the total through early May exceeding $230 million pledged to 27 companies.
That is nearly the amount pledged all of last year by Illinois to keep corporations from leaving the state or to attract businesses to relocate or expand here, the Tribune has learned. - Last year, the state pledged about $236 million in similar programs to 53 companies; the figure was about $116 million to 47 companies in 2009.
Who's getting the money? No one knows!
- The identities of 21 of the 27 companies receiving a total $53.1 million were not disclosed in a list provided to the Tribune on Tuesday by the state's Department of Commerce and Economic Opportunity.
The company names weren't released because of nondisclosure agreements with the companies, because contracts have not been finalized or because employees had not been told of plans at the companies in question, department spokeswoman Marcelyn Love said in a statement.
But don't worry. Quinn has everyone's best interests at heart.
Labels: state politics
posted by SCC at 12:01 AM
22 Comments:
the state wants to file bankruptcy so it can wash it's hands of any future obligations to our pension! you can take that to the bank.
Hey boys and girls look it's Quinna Claus. He has lots of little middle class elves working day and night to make money for him to give away.
But he's all about TRANSPARENCY!
Non-disclosure agreements because company employees haven't been informed yet??? So, publish the names. They'll figure it out.
How the fuck does a STATE government rate an NDA for something that involves public money and not involve national security? Since IL ain't developing a stealth fighter or running a spy network in Kerblackistan, WTF?
These motherfuckers need to be under the prison.
Shouldn't FOI trump what Quinn wants. I don't believe in paying ransome to these corporations who all ready robbing us blind.
Quinn also has a unicorn that craps peppermint candy too!!!
Have we totally reversed the state corporate tax increase for corporations yet?
Don't let the crisis go to waste now. We can use the resulting tax revenue shortfall to squeeze employee pensions and entitlement programs even more.
Get ready for your personal contribution to your pension plan to double if you want to keep your current benefits.
Businesses keep getting all these tax breaks.
When the fuck are WE going to get some tax breaks??? Instead of taxes breaking US.
Did you know...that the next worst economy after Illinois is Iraq?
tick tock tick tock........prepare!
Hey I thought my Unicorn was one of a kind!
When will they figure it out: high taxes, relieved by grants to a very few is a losing game.
Rob Peter to pay off Paul? It's the Democrats' way!
"Businesses keep getting all these tax breaks.
When the fuck are WE going to get some tax breaks??? Instead of taxes breaking US."
When the people of Illinois either start moving out of the state in large numbers, or when they start demanding better of their politicians.
I guess that means no time soon :(
That you Pat for saving our pension.
19,000 Scott Lee Cohen and Libertarian voters...
But, he can be and should be recalled as of June 1st
Shouldn't FOI trump what Quinn wants. I don't believe in paying ransome to these corporations who all ready robbing us blind.
5/18/2011 12:25:00 AM
Businesses keep getting all these tax breaks.
When the fuck are WE going to get some tax breaks??? Instead of taxes breaking US.
5/18/2011 03:19:00 AM
Comrades, You do not need to fear these capitalists in Illinois much longer. We are in the process of doing to Illinois what we did to Michigan. In no time, these 'evil' corporations will find out that these 'incentives' actually cost them more they they can afford and they will either move growing states or fold. You will soon have the worker's paradise that you want and deserve.
The company names weren't released because of nondisclosure agreements with the companies.
=
Up yours Quinn. Everyone paid for an FOID card, and your prepared to screw each legit cardholding law abiding person with full disclosure to the public, that encompasses anti-gun groups bent on the destruction of my rights. You screwed every taxpayer in the state, and let the giant corporations off with a kiss on my increased tax dime. You are incompetent to the very end
If they just kept the corporate tax reasonable and the same for everybody, we'd have a healthy business climate and more jobs. (And more of our paychecks left to spend because businesses don't pay taxes--their customers do, every time we buy something.) But the public would catch on that we don't really need these big-shot politicians to "help" us so much.
Why did you people vote for Quinn, you knew he was going to further fuck up Illinois, he said this during the campaign
the house of cards is falling.
Atlas must have farted.
but hey, let's give those damn illegals some free college money. it's the Ill way of doing things.
19,000 Scott Lee Cohen and Libertarian voters...
are smart! :)
The "whole state" is a hot air money generator, including:
Retired Pols
Freebies
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