In a June 2011 article, Gov. Pat Quinn told the Chicago Tribune
why the state rewarded a tax credit to Motorola Mobility worth more
than $100 million over ten years. “They told us that they were going to
maintain 3,000 employees at their site in Libertyville and we believed
them,” Quinn said.
To the chagrin of Libertyville, the company
announced Thursday those jobs will be shifted to the Merchandise Mart in
downtown Chicago. The Quinn administration confirmed that Motorola
Mobility keeps its tax credit.
In Motorola Mobility's defense, the point of the tax credit was to keep the company in Illinois, not Libertyville. But why did Motorola Mobility get a tax deal in the first place? It is not clear how credible their threat ever was to move from Illinois. Also, Motorola Mobility needs taxpayer help less than ever as Google officially purchased the company in May. Talks of a Google acquisition were first publicly announced last August, soon after the tax break started. Read more »