In May of 2012, it was announced that Motorola Mobility and its 3,000 employees would be moving to Chicago. Mayor Emanuel heralded this event and said that "the company will bring jobs and economic opportunity to our city.”
A recent announcement by Google, the owner of Motorola Mobility, proves contrary to the mayor's hopes for the move stating that the company is cutting 750 jobs from the Chicago branch and 4,000 jobs around the country.
Motorola Mobility must keep 2,500 employees in order to keep its Illinois tax incentives. That means they will now have to start paying their fair share of taxes, but will that just mean that Motorola Mobility will be leaving Chicago as quickly as it arrived? Or has the mayor offered some other tax incentives to keep the company in Chicago?
Isn't it time for big companies to pay their fair share of taxes in Chicago and around Illinois? Are tax incentives the only way to keep companies in-state? If they payed adequate amounts of taxes this state's education system would not be so underfunded, and the company would want to stay in Illinois because the state would offer a well-educated workforce that would allow their company to grow without the need for tax breaks. Has anyone pitched that to these companies?
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