Breaking News Bar
updated: 6/26/2014 4:35 PM

Quinn dismisses Rauner's business plan

hello
Success - Article sent! close
 
Associated Press

Gov. Pat Quinn is brushing off proposals by Republican challenger Bruce Rauner that call for ending some corporate tax breaks and "special deals" he claims are unfair to families.

Quinn told reporters Thursday that he's worked on several of the ideas for years. The Chicago Democrat says closing tax loopholes has been a goal.

Rauner's plan calls for capping a program that provides tax credits for companies to keep jobs in Illinois. He also says Illinois should end tax breaks for the oil industry and a sales tax exemption for newsprint and ink, among others.

The Winnetka businessman has called it his proposal for "corporate welfare reform."

Quinn made a dig at the wealthy venture capitalist Thursday, saying it was aptly named because Rauner is a "beneficiary of corporate welfare."

Share this page
Comments ()
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.