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Articles filed under Paprocki, Matt

Understanding the business tax hikes of the past four years

By Matt Paprocki
Jun 12, 2022 1:00 AM - Illinois was the only state in the Midwest to decline in the Tax Foundation's State Business Tax Climate Index. From 2017 to 2022, Illinois' tax policy became less friendly for businesses, dropping to 36th from 26th place.
What businesses need to know about Illinois' new budget: The good, the bad and the ugly

By Matt Paprocki
May 15, 2022 1:00 AM - Taxes are a huge cost of doing business, but Illinois makes them worse with its lack of certainty. The new state budget is filled with examples that generate the same sinking feeling that first paycheck did.
Illinois businesses still struggling two years into COVID-19

By Matt Paprocki
Apr 17, 2022 1:00 AM - Two years since the pandemic hit Illinois and COVID-19 protocols were announced, Illinois' labor market has still not recovered. Karafotias' story is all too common. The state must focus on leveling the power dynamics and helping struggling businesses return to their full potential.
Businesses win by supporting tax credit scholarships

By Matt Paprocki
Mar 20, 2022 1:00 AM - That's the problem without school choice -- or the ability to select the school your child attends -- options are only available for those with means. And if your local school cannot address your child's specific needs, you are out of luck. Fortunately, like most local problems, the solution involves businesses.
State must prioritize refilling unemployment fund or saddle businesses with tax hikes

By Matt Paprocki
Feb 20, 2022 1:00 AM - Gov. J.B. Pritzker's budget address claimed fiscal responsibility and touted $1 billion in tax relief for Illinoisans. It sounded great, but here is the issue: Illinois' financial situation was temporarily improved because of a federal bailout, not because of improved fiscal leadership.

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