Sen. Dick Durbin said he and other Democrats today will unveil a bill to curb corporate tax dodging.
No federal contracts would go to businesses that engage in corporate “inversions” to lower their tax bills, the Illinois Democrat said.
The measure is called the “No Federal Contracts for Corporate Deserters Act.”
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U.S. President Barack Obama on Thursday hammered U.S. companies that avoid federal taxes by shifting their tax domiciles overseas in deals known as “inversions” and called on Congress to pass a bill to end the practice.
During remarks to a rowdy crowd at the Los Angeles Technical College, Obama promoted what he called “economic patriotism” and made clear he believed the companies that were engaging in such practices were not being patriotic. The president is in California on a three-day fund-raising swing for Democrats.
So-called inversion deals occur when a U.S. company …
Republican gubernatorial candidate Bruce Rauner on Tuesday urged Gov. Pat Quinn to veto a bill that would provide oversight of the largely unregulated industry of ride-sharing, including requiring drivers of companies such as Uber to have commercial insurance and possibly a chauffeur’s license.
The Illinois House has sent Bill 4075 to the governor, according to the Web site of the Illinois General Assembly. Quinn’s office didn’t provide an immediate comment early Tuesday afternoon on whether Quinn would sign the bill.
Rauner said regulations on the ride-sharing industry, including such companies as Uber, …
Four Chicago police officers were injured and a squad car was damaged when a fight broke out among a large crowd that had gathered for a concert near Montrose Beach, officials said.
At least 10 people were arrested as police worked for 90 minutes Sunday night to bring the crowd under control and close the park, which was strewn with broken glass, officials said.
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Stancy allegedly exploited an obscure responsibility for police officers to notify the secretary of state if motorists need to be retested for any number of reasons, including health concerns, vision problems or mental issues.
Authorities aren’t sure how Stancy, a nuclear medicine technician by trade, even knew the retest policy existed, but he was active at one time with the Illinois State Crime Commission, an organization that brings attention to crime issues and has a lot of interaction with law enforcement.
Stancy, 47, of Niles, was arrested in March and has pleaded …
Senator Alan Dixon has died at age 86.
The former senator died Sunday morning at his home in downstate Fairview Heights, just one day shy of his 87th birthday, according to his son, Jeff Dixon. The cause was believed to be related to heart troubles, his son said.
Dixon, a Democrat, also served in the Illinois House of Representatives and the State Senate, as well as state treasurer and secretary of state before he was elected to the U.S. Senate in 1980. His career there came to a shocking halt in 1993 …
Two Chicago State University professors sued campus administrators in federal court Tuesday, alleging that campus policies illegally targeted a controversial faculty-led blog. Phillip Beverly and Robert Bionaz are CSU professors and, they say in their lawsuit, founders of and contributors to the CSU Faculty Voice blog. The site’s posts often feature critical views of the school’s leaders, and the blog has long been at the core of a rift between some faculty members and administrators.
School administrators, the lawsuit alleges, “have engaged in an ongoing campaign to silence Plaintiffs’ criticisms of …
On Monday, the state confirmed it will pledge $2.5 million from the Build Illinois bond fund to retrofit an additional 25,000 square feet on the 12th floor of the Merchandise Mart into workspace for digital entrepreneurs. 1871′s goal is to help build businesses to the point of self-sufficiency.
“This expansion shows that our investment in the next generation of Chicago businesses is paying off,” Chicago Mayor Rahm Emanuel said in a statement.
Also hailing Quinn was Father Michael Pfleger, the outspoken senior pastor at St. Sabina in the Gresham neighborhood for more than three decades. Pfleger’s ministry has long been associated with state social services and programs that help the myriad needs in his crime-plagued community.
What went unsaid: St. Sabina received more than $1 million in NRI funds for its own community-based programs and the oversight of services provided by other groups.
Pfleger said he’s proud of the mentoring and crime intervention programs put in place thanks to the anti-violence money. After the …
The City of Chicago has filed suit against five of the world’s largest narcotics manufacturers, accusing the companies of concealing the health risks associated with a class of potent painkillers in order to boost profits.
Filed in Cook County Circuit Court on Monday, the suit contends the drugmakers violated city ordinances and other laws against false advertising, conspiracy, insurance fraud and consumer fraud by “knowingly and aggressively” marketing opioids such as OxyContin as “rarely addictive” and touting benefits that “lacked scientific support.”
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