taxes Archives

Small and Midsize Manufacturers Voice Strong Opposition to Pritzker’s Plan to Hike Taxes on Manufacturers

SCHAUMBURG, IL – At the start of veto session in Springfield on Tuesday, Governor Pritzker announced he wants to make up the state’s projected $267 million deficit by taking away cost-saving benefits provided to manufacturers in the Working Families Tax Cut, or One Big Beautiful Bill Act. The Technology & Manufacturing Association (TMA) and their small and midsize manufacturer members strongly oppose making manufacturers pay the price for Springfield’s overspending.

October 15, 2025 No Comments

Small and Midsize Manufacturers Divided Over U.S. Tariffs on Canada, Mexico, and China

SCHAUMBURG, IL – A new survey by the Technology & Manufacturing Association (TMA) finds small and midsize manufacturers split over imposing tariffs on Canada, Mexico, and China. As organizations put out statements supporting or opposing tariffs, TMA spoke to their members to see where manufacturers actually stand on this trade policy.

February 11, 2025 No Comments

Op-Ed: The burden of stacked costs on Illinois manufacturers

As the economic landscape in Illinois becomes increasingly challenging, small businesses – particularly manufacturers – are finding it more difficult to thrive. The phenomenon of “stacked costs” has become a significant hurdle, imposing financial burdens that stifle growth, innovation, and job creation

September 18, 2024 No Comments

TMA: 2024 IL Legislative Session a Mixed Bag for Small and Midsize Manufacturers

SCHAUMBURG, IL – Technology & Manufacturing Association Executive Vice President Dennis LaComb issued the following statement today on the completion of the Illinois General Assembly’s 2024 spring legislative session:

May 29, 2024 No Comments

TMA Responds to Governor’s State of the State Address

TMA’s Vice President Highlights How Manufacturers Face a Different Reality Than What Illinois Governor Pritzker Painted in the State of the State Address

February 21, 2024 No Comments

Proposed Federal ‘Book Tax’ Puts Burden on Manufacturers

From Industry Week – The proposed “book tax” in the Senate’s reconciliation bill “would overwhelmingly hit U.S. manufacturers,” according to a new analysis by the

August 2, 2022 No Comments

Postmortem of Illinois’ Failed Tax Amendment

The taxpayers of Illinois rejected Gov. Pritzker’s Progressive Tax. Where do we go from here? By TMA President Steve Rauschenberger – First, let’s examine how

January 26, 2021 No Comments

Why these 7 Illinois small business owners are against Progressive Tax

Seven Illinois business owners were willing to share publicly how amending the Illinois Constitution to initiate a progressive tax would be detrimental to their employees and their businesses. The constitutional change will be on the November 3 ballot in Illinois.

October 30, 2020 No Comments

No Progressive Tax Story #4: Denise Smith of Smith Physical Therapy

For 20 years as a physical therapist with a large corporation, Denise Smith worked hard to help hurting people. She loved working with people, but

October 30, 2020 No Comments

No to Progressive Tax Story #5: Rene Hernandez of Don.Abel & Rene Distribution

The very week the COVID lockdown hit Illinois, Rene Hernandez Jr. began filing paperwork to launch a small business. “Who starts a business when a

October 30, 2020 No Comments

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