2014 readers choice results
Article posted: 2/12/2014 5:00 AM

Cut in business tax won’t lead to job growth

  • Article
text size: AAA

House Speaker Michael Madigan's plan to slash corporate income tax rates will not result in businesses "grow(ing) their work forces with good-paying jobs." State legislators need to brush up on Business 101 and give up on the ridiculous fallacy that tax breaks lead to job growth. Tax breaks will provide more funds for businesses to pay their CEO's huge salaries and give stockholders bigger dividends!

It's appalling that corporate income tax makes up only 9 percent of the Illinois state budget for 2013, while a whopping 45 percent is harvested from individuals. Businesses benefit from the state's infrastructure and an educated workforce. It's time for businesses to start paying their fair share, and for the state to stop balancing the budget on the backs of workers!


Michael Nejman

Arlington Heights

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
Latest Video


Most Commented
Top Jobs

    View all Top Jobs Place a job ad



    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North



    Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

    Don't see your town listed? Visit our full directory to begin your search.