New laws allow construction workers to transfer jobs across state lines.
“There’s no question this will create more jobs, but the idea that it’s going to raise the unemployment rate is not right,” said Paul Shumaker, president of the Illinois Business Chamber of Commerce.
That’s one of the main arguments opponents of the law cite.
The plan would not only increase labor supply in Illinois — it would create more jobs.
The state is already home to more than 6,000 manufacturing and service jobs. About 700 of those jobs would come from Illinois, while others could be brought back to the state as new locations were approved.
“We think this is really good news for the Illinois economy and good news for business,” said Scott Johnson, president of the Illinois Business Chamber.
But his chamber doesn’t exactly think the law is a job killer. It said the state already has the most highly skilled workforce in the country, and added t바카라he additional jobs won’t come by putting extra demand on local goods and services.
“I don’t think there’s a problem with that,” said Joe DellaCroce, executive vice president and chief operating officer for the Illinois Chamber of Commerce.
Johnson, the chamber’s CEO, added that the tax on people leaving Illinois to work in the country would not be affected.
State and local governments have been working for years on a law to reduce labor costs in the state — especially to young people in particular.
The state already imposes a 5.25 percent tax on most employees, a 25 percent “state and local sales tax” on new homes, and $40,000 a year for community college tuition. And if lawmakers approve a proposal to raise a new income tax bracket to 5.75 percent by 2017, it would raise the state sales tax to 7.75 percent.
“This tax proposal would make Illinois one of the highest-taxed states in the nation,” said Richard Fusco, a senior policy analyst at the U.S. Chamber of Commerce.
Republicans, who control both the state Senate and House, oppose the tax bill because the Illinois plan is too onerous.
They say the business tax cut would raise the deficit even if the state ended up with more money.
In an interview with lawmakers, state Se