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East Central Reporter

Saturday, November 23, 2024

State Rep. Blaine Wilhour and House Colleagues Demand Answers on Chinese Factory's Tax Credits

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State Representative Blaine Wilhour (IL) | Representative Blaine Wilhour (R) 110th District

State Representative Blaine Wilhour (IL) | Representative Blaine Wilhour (R) 110th District

State Representative Blaine Wilhour and fifteen of his House colleagues are raising concerns over the allocation of tax credits to Chinese company Gotion High-Tech Co. The company is set to receive a staggering $536 million in tax credits through the Department of Commerce and Economic Opportunity (DCEO) to establish a factory in Illinois. This issue is further compounded by the fact that Gotion High-Tech Co. is already slated to receive $7.5 billion in federal tax credits, bringing the total to a staggering $8 billion for a factory that costs only $2 billion.

The primary worry among the lawmakers is the potential ties between Gotion High-Tech Co. and the Chinese Communist Party, as well as the requirement for Chinese companies to share sensitive information with the Chinese Military Intelligence. State Representative Blaine Wilhour emphasized the urgency of obtaining answers from Governor Pritzker and DCEO director, Kristin Richards, stating, "We need answers from Governor Pritzker and his DCEO director, Kristin Richards! This must not proceed!"

The concerns raised by State Representative Wilhour and his colleagues highlight the need for greater transparency and scrutiny when it comes to allocating tax credits to foreign companies. The potential national security implications associated with the Chinese Communist Party's involvement and the sharing of privileged information demand immediate attention and thorough investigation.

As the debate continues, it remains to be seen whether Governor Pritzker and DCEO director, Kristin Richards, will address these concerns and provide the necessary explanations. The fate of the tax credits for Gotion High-Tech Co. hangs in the balance, pending further examination and clarification on the matter.

For additional details, please follow this link: https://repwilhour.com/2023/10/06/rep-wilhour-opposed-to-chinese-company-receiving-illinois-tax-credits-sharing-info-with-chinese-military-intelligence/

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