Illinois Quick Hits: NFIB says biz deduction will bring jobs, benefit to Illinois

Illinois Quick Hits: NFIB says biz deduction will bring jobs, benefit to Illinois

April 15, 2026/Newspaper Staff/

By Jim Talamonti | The Center Square
The Center Square

(The Center Square) – The National Federation of Independent Business says Illinois is projected to gain 48,000 new jobs each year for the next decade now that the federal small business tax deduction was made permanent last year.

The NFIB released a report on Wednesday estimating an annual Illinois GDP increase of $3.2 billion for the first decade and $6.6 billion per year after 2035.

Since 2017, the small business tax deduction has allowed small businesses to deduct up to 20% of their business income.

CHICAGO ALDERMEN FAIL TO OVERRIDE VETO OF TIP CREDIT FREEZE

Chicago aldermen have come up short in their attempt to override Mayor Brandon Johnson’s veto of an ordinance freezing the city’s push to phase out the subminimum wage for workers.

Illinois Restaurant Association President and CEO Sam Toia expressed disappointment and urged the mayor to listen to the 30 aldermen he said stood up for operators and servers.

COOLEST THING MADE IN ILLINOIS HELPED BOOST ARTEMIS

The NASA Standard Initiator made by Chemring Energetic Devices in Downers Grove has won the 2026 Makers Madness contest for The Coolest Thing Made in Illinois.

The Illinois Manufacturers’ Association announced the winner on Wednesday from a field of more than 100 entries.

The IMA said the NASA Standard Initiator is an electrically-activated pyrotechnic device that played a critical role in the recent launch of the Artemis II/Orion mission.

Leave a Comment





Latest News Stories

Bill renaming highway for Charlie Kirk faces uncertainty

Bill renaming highway for Charlie Kirk faces uncertainty

By Zachery SchmidtThe Center Square The Arizona Legislature this week passed a bill renaming a major Arizona highway after conservative leader Charlie Kirk. Senate Bill 1010 renames Loop 202 as...
Poll: More than a third of American voters don't trust U.S. power grid

Poll: More than a third of American voters don’t trust U.S. power grid

By Andrew RiceThe Center Square Slightly more than half of American voters say they at least "somewhat trust" the American power grid, according to a new poll. The Center Square...
Harvard sued after Jewish students harassed

Harvard sued after Jewish students harassed

By Christen SmithThe Center Square Harvard University found itself at the center of a federal discrimination lawsuit on Friday after the Trump administration said it failed to protect Jewish and...
In one year, U.S. military conduct tens of thousands of missions at southwest border

In one year, U.S. military conduct tens of thousands of missions at southwest border

By Bethany BlankleyThe Center Square In one year, U.S. military conducted tens of thousands of detection, monitoring and security site missions at the southwest border. More than 20,000 service members...
Illinois Quick Hits: Illinois lags behind nation in roads and bridges

Illinois Quick Hits: Illinois lags behind nation in roads and bridges

By The Center SquareThe Center Square (The Center Square) – Illinois’ roads and bridges continue to lag behind most of the country, ranking 37th overall in the Reason Foundation’s 29th...
Supreme Court upholds preacher's First Amendment lawsuit

Supreme Court upholds preacher’s First Amendment lawsuit

By Andrew RiceThe Center Square The U.S. Supreme Court, in a unanimous decision, upheld that a street preacher can sue over a city ordinance that prevented him from exercising free...
United, American clash at O’Hare as growth strains capacity

United, American clash at O’Hare as growth strains capacity

By Catrina BarkerThe Center Square The Federal Aviation Administration is expected to scale back flights at O'Hare International Airport this summer as two major carriers rapidly expand service, raising concerns...
Photo courtesy of Litchfield Fire Department

Litchfield Bowling Alley Destroyed in Massive Second-Alarm Blaze; Mutual Aid Prevents Spread During High Winds

Article Summary: A Sunday afternoon fire completely destroyed the Litchfield Bowling Alley on March 15, requiring a massive second-alarm response from over a dozen agencies to prevent the flames from...
Litchfield Panthers Soccer Graphic

Chloe Law’s Hat Trick, Three Assists Power Litchfield Soccer to 7-0 Rout of Jersey

Senior standout Chloe Law delivered a masterclass performance on Wednesday, registering a hat trick and three assists to propel the Litchfield varsity soccer team to a dominant 7-0 non-conference victory...
Litchfield Girls Soccer Graphic

Law’s Back-to-Back Hat Tricks Power Litchfield Past Roxana in 5-0 Shutout

ROXANA, Ill. — Showing no signs of fatigue on the second night of a back-to-back, senior striker Chloe Law recorded her second hat trick in as many days to lead...
Litchfield Panthers Softball Graphic

Litchfield Uses Three-Run Fifth Inning to Defeat Greenfield/Northwestern, 5-2

A pivotal three-run surge in the fifth inning proved to be the difference on Thursday as the Litchfield softball team secured a hard-fought 5-2 non-conference victory over Greenfield/Northwestern. Charlie Bono...
Litchfield Panthers Baseball Graphic

Witt’s Perfect Day at the Plate, Strong Pitching Lift Litchfield Past Southwestern 8-2

The Litchfield varsity baseball team combined opportunistic hitting with steady pitching to secure an 8-2 non-conference victory over visiting Southwestern on Thursday afternoon. Litchfield established control early, methodically building a...
Google Gemini face scans violate IL biometrics law: Class action

Google Gemini face scans violate IL biometrics law: Class action

By Jonathan Bilyk | Legal NewslineThe Center Square Google has been hit, again, by a class action lawsuit under Illinois' stringent biometrics privacy law, this time accusing the tech giant...
House members raise concerns about Islamic terrorist threats 25 years after 9/11

House members raise concerns about Islamic terrorist threats 25 years after 9/11

By Bethany BlankleyThe Center Square Several members of Congress raised concerns about Islamic terrorist threats now that the U.S. is approaching the 25-year anniversary of 9/11. At a U.S. House...
Officials react swiftly to allegations about Cesar Chavez

Officials react swiftly to allegations about Cesar Chavez

By Liam HibbertThe Center Square Political and civil leaders across California and the wider Latino community in the U.S. are reacting to several allegations of sexual abuse and rape by...