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UrKidsWillPay - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
Short People got no reason Short People got no reason Short People got no reason To live They got little hands Little eyes They walk around Tellin' great big lies They got little noses And tiny little teeth They wear platform shoes On their nasty little feet Well, I don't want no Short People Don't want no Short People Don't want no Short People `Round here Short People got nobody…
1950Brutus - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
I'm not sure that is a suit - the thing on the shoulder doesn't look like anything I've seen on a suit. But I am OLD - I don't see well, I don't hear well and I go the bathroom every 10 minutes
pimpdaddystyle - Man arrested for performing lewd acts - Quincy, IL News - QuincyJournal.com
OK, anybody can work for library, but NOT HIM!! lol
DaveVictor - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
Still voting "Yes" despite this development. Probably need the QHW to endorse Quinn to restore some order in the universe. Who knew Jesus was on the GREDF board?
GrayHairedMan - GREDF supports Quincy School Building Referendum - Quincy, IL News - QuincyJournal.com
UKWP--Get over it, Spring lost, Moore won

Most Popular

School Board to outline plans for savings, old buildings if referendum passes

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Bill Clinton to address workers at pro-Quinn rally

Quincy School Board pledges to reinvest savings from new buildings

Quincy man accused of theft from elderly woman

Several honored during C-SC Homecoming

Avenue of Lights annouces Advantage Program

Adams Co. Divorces for 10/24

State lawmakers set to consider reforms for controversial tax credits

9 months ago from Chicago Tribune

From from Chicago Tribune:

Illinois lawmakers are set to meet Friday morning in Chicago to consider possible reforms to a controversial state tax credit program. 

Critics of the program known as EDGE point out how companies have qualified for millions of dollars in incentives even as they laid off hundreds of workers or failed to create promised jobs. Concerns also have been raised over the lack of information made public on negotiated deals and how special tax breaks largely go to big companies.

A case in point is Motorola Mobility, which laid off more than 1,000 workers in 2012 and fell below its requirement to retain at least 2,500 jobs but was still eligible for a tax credit worth about $11 million.

The company has said its incentive is assessed and disbursed quarterly, allowing it to draw a credit for the quarters it meets its job retention commitments. Motorola Mobility is the only one allowed to draw credits quarterly, according to a spokesman with the Department of Commerce and Economic Opportunity, which administers the program. And it doesn't have to create a single job, according to its contract with the state.

The Libertyville-based company, owned by Google, is among nine companies in the program allowed to keep their employees' tax withholdings. Archer Daniels Midland and Office Depot were among a half a dozen companies that failed to get that special incentive last year.

Since the EDGE program was created in 1999, the state has pledged more than $800 million in tax incentives to about 300 companies. Nearly half of those pledges were made in 2011 and 2012. The large increase is partly due to more companies joining the program and to the rise in the personal income tax rate, a factor in determining the value of the incentive.

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