A massive turnaround in the Illinois House may have whetted political appetites for even more corporate tax relief. But don't count on it just yet.
As you may recall, a tax-cut plan for corporations and individuals failed miserably in the House a few weeks ago, getting eight votes - comically short of the 60 needed for passage.
So the House went home for two weeks and some intense lobbying began. When state representatives came back to Springfield, a slightly revised version of the corporate-tax-cut plan passed with a whopping 81 votes. The bill will grant large tax breaks to CME Group and Sears to keep them from leaving the state, as well as a few broad-based provisions.