Tax Incentives

April 12, 2012 - 1:15 AM
FILE - A May 4, 2011 file photo shows the entrance to the Sears Holdings Corp. Prairie Stone campus area in Hoffman Estates, Ill. Most states are doing a poor job tracking whether their tax breaks for businesses are actually spurring job growth, including some that have poured hundreds of millions of dollars into corporate incentive programs even while grappling with record deficits, according to a new report released Thursday, April 12, 2012 by the Pew Center on the States. Late last year Illinois agreed to a package of $330 million in tax breaks for Sears Holding Corp. and two companies that operate Chicago financial exchanges after they threatened to leave the state. (AP Photo/Daily Herald, Mark Welsh, File) MANDATORY CREDIT, MAGS OUT, TV OUT