Home Business Pritzker’s tax plan: Closing corporate tax loopholes, or ‘the best way to shoot yourself in the foot?’

Pritzker’s tax plan: Closing corporate tax loopholes, or ‘the best way to shoot yourself in the foot?’

by staff

“This is not closing a loophole, this is an unfair penalty the state wants to put on restaurants,” said Donnie Madia, partner at One Off Hospitality Group, whose concepts include The Publican, Avec and Big Star. The Chicago company closed another restaurant, Blackbird, during the pandemic after more than 22 years in business.

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