Corruption, firm value and startups – Points & Figures

New study: “We know that corruption has a negative effect on firm value. It’s a deadweight tax on firm value.... Further analysis in the paper suggests that corruption is particularly harmful to shareholder value when state governments are controlled by a single party, consistent with the notion that interparty competition deters corruption."

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WIREPOINTS ORIGINAL STORIES

We must focus on cutting the cost drivers of Illinois property taxes if we’re ever going to deliver relief to taxpayers – Wirepoints testifies to the IL House Revenue and Finance Committee 4.10.24

Wirepoints President Ted Dabrowski testified on April 10, 2024 to members of the House Revenue and Finance Committee at the invitation of Rep. Joe Sosnowski. Ted told lawmakers that the state’s property tax burden has become dire for countless Illinoisans.

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