regulation

Against Illinois’ Tax Breaks For Amazon? Fix The State’s Broken Workers’ Compensation System

In too many cases a business investment in Illinois doesn’t make financial sense unless Illinois taxpayers are paying for a chunk of the project. This system isn’t good for businesses, or for workers and unions that are losing jobs. Until Illinois makes the broad tax and regulatory reforms needed to compete for blue-collar jobs, businesses are going to keep expanding elsewhere or asking for tax breaks to come to Illinois. Many Illinois businesses would save significantly more than 4 percent of payroll costs in manufacturing and transportation if Illinois’ workers’ compensation costs equaled the average of surrounding states Wisconsin, Michigan, Indiana, Iowa, Missouri and Kentucky. Rather than picking winners and losers, Illinois should compete for blue-collar jobs by reforming workers’ compensation.

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