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Strengthening Chicago's Manufacturing Base the Easy Way
Thursday, May 9, 2013
Kudos to Gov. Pat Quinn, the University of Illinois at Chicago and the Illinois Medical District Commission on last month's announcement of a new hub for Chicago's thriving bioscience industry. This latest achievement is proof positive that biotechnology means business in Illinois. According to Ernst & Young LLP, the industry generates more than $98.6
 
Time to Thwart the Sales Tax Gambit
Thursday, March 7, 2013
Over the past three years, Illinois courts have heard one claim after another that cities and towns outside the Regional Transit Authority's six-county territory have illegally lured businesses whose headquarters are within the RTA's taxing authority to set up satellite offices merely to reduce the sales taxes they owe. Adding to the controversy, the
 
Why Fair Pay is Key to a Sustainable Recovery
Friday, December 28, 2012
Illinois' 97th General Assembly goes out of business on Jan. 8. Between now and then, it may tackle more divisive issues of moral consequence than any of its recent predecessors. The reform of the state's debt-ridden public employee pension system, the expansion of casino gambling, the legalization of same-sex marriage and the approval of medicinal
 
Barack Obama's Presidential Library Belongs at U of C
Monday, October 22, 2012
In this political season, it comes as no surprise that objections are being raised over nascent efforts to snag an eventual Barack Obama library and museum for the University of Chicago, where for 12 years the U.S. president was a lecturer in constitutional law. Skeptics predict that the institution would be celebratory, not scholarly, and that its
 
Chicago's Cultural Plan: A Plea for Restraint
Monday, September 17, 2012
Kudos to Mayor Rahm Emanuel and Michelle Boone, Chicago's cultural commissioner, for inviting public debate around their ambitious campaign to revamp and strengthen the city's arts and culture scene. Cultural Plan 2012, the first such program in 25 years, lays out no fewer than 200 proposed initiatives to amp up cultural participation and convert creativity
 
EPA Rule Would Spell End of the Dirty Coal Age
Monday, July 2, 2012
The U.S. Environmental Protection Agency is mulling a common-sense rule that, for the first time, would set caps on the carbon pollutants that future fossil fuel-fired power plants may lawfully emit. Carbon dioxide emissions from new plants would be limited to 1,000 pounds per megawatt-hour. This would essentially provide the unceremonious end to the age of
 
L3C Primer by Marc Lane
Wednesday, May 23, 2012
L3C Primer by Marc Lane was featured in CulturalStrategies.org Click here to download PDF.
 
Time for State Lawmakers to Pass Budgeting 101
Monday, May 21, 2012
Illinois is billions of dollars in the red, yet the state's legislators inexplicably continue to deny themselves the right to know how much the measures they consider would cost or save taxpayers. In other states, “fiscal notes,” which estimate the costs or savings and the revenue gain or loss of proposed laws, are indispensable tools for legislators,
 
Illinois’ Tax Credit Windfall at Risk
Monday, March 26, 2012
Chicago's and Illinois' fragile economies stand to lose thousands of jobs along with the environmental benefits of a clean, local source of electricity if Congress continues to nix the extension of tax credits for advanced energy manufacturing, scheduled to expire at yearend. Some pundits claim that Congress is closed for business until its post-election
 
Eradicating Food Desert Key to Chicago's Competitiveness
Monday, January 2, 2012
Chicagoans have reason to applaud an impressive 39% drop over the past five years in the number of city residents living in its “food desert,” those low-income neighborhoods where affordable and nutritious food is hard to come by. Yet 1 in 7 residents, 124,000 of them children, still live in communities without readily available fresh food. The evidence is
 
Social Enterprises: A New Business Form Driving Social Change
Monday, December 5, 2011
Many mission-driven organizations, both nonprofits and for-profits, are becoming “social enterprises” that embrace market-based strategies in the pursuit of their social purposes. New business models and even entity forms are emerging to help the social entrepreneur drive positive social change. Lawyers have new opportunities to aid their clients in
 
Overhaul of World Business Chicago is First Step on City's Road to Recovery
Monday, September 26, 2011
Mayor Rahm Emanuel seems undeterred by naysayers as he invests his vast political capital in an agenda of fiscal responsibility, school reform and safe streets. No question the urgent issues Mr. Emanuel has targeted must be on the front burner if Chicago is to remain livable, let alone become the world-class city it could be. But without real economic
 
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