No More Tax Breaks for Illinois Corporations

Archer Daniels Midland, a highly profitable company, is demanding over $20 million in tax breaks to keep 100 employees in Illinois.

With net profits of $1.7 billion dollars in 2012, on which they paid state taxes of less than 1% instead of the statutory requirement of 9 1/2%, ADM does not need more tax breaks. Their spokesperson admitted as much when it was said that the only reason they are requesting a tax break is because Illinois set a "precedent" by giving other profitable companies undeserved tax breaks.

Now other companies are demanding  tax breaks. Zurich, Univar, High Voltgage  Software, Office Max and future merger partner Office Depot are all demanding tax breaks from the real tax payers in Illinois.

With Illinois financial situation in a state of crisis, it is time to break with that precedent and say "no" to tax breaks for profitable companies.

The Legislature is considering these tax breaks this week!

That's why I created a petition to The Illinois State House, The Illinois State Senate, and Governor Pat Quinn.

Will you sign this petition? Click here:

http://petitions.moveon.org/sign/just-say-no-to-more-tax

Ron Kurowski