20
September , 2018
Thursday

Email This Post Email This Post
                                                                                                     

SPRINGFIELD, IL – Illinois Speaker Michael J. Madigan, D-Chicago, is directing the House Revenue committee to take up a Democratic Caucus proposal to reinstate a key tax credit for employers who create jobs in Illinois.

 

In a letter to state Rep. Michael Zalewski, chairman of the House Revenue and Finance Committee, Madigan requested the panel begin work to reinstate the Economic Development for a Growing Economy (EDGE) Tax Credit, a key component of the Democratic Caucus’ economic growth agenda.

 

“House Democrats know that Illinois must take serious steps to improve the business climate and create job opportunities, and we continue working on a reform agenda that promotes job growth without disadvantaging the people who work in those jobs every day,” Madigan said. “Businesses deserve the certainty of knowing that the state will stand with them as they work to create new jobs here in Illinois. By investing in businesses that invest in Illinois, the EDGE Tax Credit is essential to improving our business climate.”

 

The EDGE Tax Credit provides an incentive for employers who create a significant number of jobs in Illinois. The renewal of the tax credit was recently cited by the Illinois Chamber of Commerce as a key reform Illinois could undertake to help revitalize the economy.

 

“The House Democratic Caucus believes that it is possible to provide good jobs for working families while also passing policies that help businesses grow,” Madigan said. “These ideas are not mutually exclusive; in fact they’re both critical to the future of our state.”

 

You can leave a response, or trackback from your own site.

Leave a Reply

You must be logged in to post a comment.

Recent Comments

Welcome to CopyLine Magazine! The first issue of CopyLine Magazine was published in November, 1990, by Editor & Publisher Juanita Bratcher. CopyLine’s main focus is on the political arena – to inform our readers and analyze many of the pressing issues of the day - controversial or otherwise. Our objectives are clear – to keep you abreast of political happenings and maneuvering in the political arena, by reporting and providing provocative commentaries on various issues. For more about CopyLine Magazine, CopyLine Blog, and CopyLine Television/Video, please visit juanitabratcher.com, copylinemagazine.com, and oneononetelevision.com. Bratcher has been a News/Reporter, Author, Publisher, and Journalist for 33 years. She is the author of six books, including “Harold: The Making of a Big City Mayor” (Harold Washington), Chicago’s first African-American mayor; and “Beyond the Boardroom: Empowering a New Generation of Leaders,” about John Herman Stroger, Jr., the first African-American elected President of the Cook County Board. Bratcher is also a Poet/Songwriter, with 17 records – produced by HillTop Records of Hollywood, California. Juanita Bratcher Publisher

Recent Posts