Gov. Bruce Rauner ends tax break for companies that cut jobs

Gov. Bruce Rauner is halting a practice that let companies get tax breaks for keeping or creating jobs at one plant while eliminating jobs at a separate site in Illinois, a move that has happened dozens of times.

While it is common for large companies to operate from multiple locations, the state's leading jobs program long allowed companies to treat every location, division or subsidiary as an independent operation.

The Tribune last month found the quirk in an examination of the Economic Development for a Growing Economy program, or EDGE, a tax incentive designed to create jobs and lure businesses from other states. Read the story in the Chicago Tribune.