GOP's Brady proposes larger tax break for business
Republican candidate for governor Bill Brady wants to sweeten tax incentives for businesses that create new jobs.
Brady visited a steel plant on Chicago's southwest side Monday and said businesses should get two years of tax breaks when they create a job.
The Bloomington state senator proposes giving businesses a $2,500 tax credit in the first year and another $1,250 in the second year for every new job.
Brady had previously proposed a $2,100 credit, but Democratic Gov. Pat Quinn criticized that because it was lower than a $2,500 small-business tax credit he had already signed into law.
Brady has said his plan is better because it includes businesses of all sizes.
Article 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 "flag" link in the lower-right corner of the comment box. To find our more, read our FAQ.