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Reeder: Illinois' abysmal environment for entrepreneurs

SPRINGFIELD – If Gov. Pat Quinn is looking to moonlight during the holiday season, he ought to consider becoming a gift-wrapper at Sears.

After all, the governor promised the retail giant $150 million in subsidies within the past year.
He might as well have tied it with a bow on top. Welcome to the goofy world of Illinois corporate welfare.

In 2011, the Legislature jacked up corporate income taxes by 46 percent, and before the year was out it managed to give away a portion to – you guessed it – corporations.

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