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Monthly Archives: March 2013

Business groups differ over plans for health insurance exchange

Business groups differ over plans for health insurance exchange

But the Illinois Chamber of Commerce believes the proposal would put too much regulation in place and create a governing board that would stifle competition.

“They’re paving the way for the board to have a more heavy-handed approach with respect to plan selection,” said Laura Minzer, executive director of the state chamber’s health-care council. “We would prefer to let the market work.”

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Illinois Chamber Of Commerce Claims Tax Loopholes Are Job Creators

Illinois Chamber Of Commerce Claims Tax Loopholes Are Job Creators

Todd Maisch, vice president for government affairs for the Illinois Chamber of Commerce, told the Associated Press the elimination of tax loopholes “is just one more way in which Illinois is the leader of the pack of doing things that employers will shake their heads and say, ‘When are these guys going to figure it out, that you’ve got to help us and not continually have an agenda that whacks us on the head?’”

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People, jobs leaving Illinois, says Doug Whitley

People, jobs leaving Illinois, says Doug Whitley

“Illinois lost more than a half-million residents between 2000 and 2009. Data from the 2011 U.S. Census puts the state’s net migration at 79,459 people – the second biggest population loss in the country. Between 1995 and 2009, one taxpayer moved out of Illinois every 10 minutes.Why are population numbers so important? Population is central to commerce, employment and revenue generation for both the private sector and governments.”

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Loopholes or tax hikes? Quinn, business groups disagree

Loopholes or tax hikes? Quinn, business groups disagree

Gov. Pat Quinn’s latest plan to pay off the state’s monstrous bill backlog is targeting income tax incentives that benefit Illinois corporations as a way to raise nearly half-a-billion dollars a year. But a governor’s loophole is often a business executive’s job-creator. Business leaders call the plan a tax increase on corporations in a state Read More >>

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Dynegy to become Illinois’ largest coal plant operator

Dynegy to become Illinois’ largest coal plant operator

Tom Wolf, executive director of the Energy Council for the Illinois Chamber of Commerce, said the transaction shows that the state’s coal plants have value. Forty percent of electricity in the state comes from coal, he said. “I look at Dynegy’s track record, and I’m glad to see they’re doubling down on Illinois,” he said.

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Illinois Senate committee cautiously approves 2 pension proposals

Illinois Senate committee cautiously approves 2 pension proposals

Some opponents said Cullerton’s bill doesn’t go far enough. A Wednesday letter from business groups, including the Illinois Manufacturers’ Association and Illinois Chamber of Commerce, called the projected savings “insufficient.”

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Illinois business leaders: Reject pension reform bill SB1

Illinois business leaders: Reject pension reform bill SB1

Dear Legislator, We are writing you today as a coalition of Illinois’ leading business groups to ask you to oppose Senate Bill 1 (SB1). While we appreciate Senate President John Cullerton’s efforts to reform the state’s pension systems and restore some stability to Illinois’ finances, we believe that SB1 will not achieve those goals, but rather worsen the state’s fiscal condition.

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People, jobs leaving Illinois, says Whitley

People, jobs leaving Illinois, says Whitley

Here’s some of what Whitley has to say:

“Illinois lost more than a half-million residents between 2000 and 2009. Data from the 2011 U.S. Census puts the state’s net migration at 79,459 people – the second biggest population loss in the country. Between 1995 and 2009, one taxpayer moved out of Illinois every 10 minutes.Why are population numbers so important? Population is central to commerce, employment and revenue generation for both the private sector and governments.”

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Loopholes or tax hikes? Quinn, business groups disagree

Loopholes or tax hikes? Quinn, business groups disagree

But the economy and budget also get a boost when employers are hiring taxpayers and making money, said Todd Maisch, vice president for government affairs for the Illinois Chamber of Commerce.

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Quinn’s loopholes; gay marriage; crime panel gets its man

Quinn’s loopholes; gay marriage; crime panel gets its man

“Gov. Quinn offers proposals that are contrary to federal tax policy, bring greater confusion to tax compliance and have already been determined to be unconstitutional by the United States Supreme Court,” said Illinois Chamber of Commerce CEO Doug Whitley, referring to a case that dealt with the dividend matter.

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