Economy & Business news

High state income taxes cause people, businesses, and money to move out of the Quad Cities, and the Midwest. That's according to author and small business owner, Travis Brown. This week, the St. Louis entrepreneur is in Illinois to talk with legislators and others about tax policy and his book. It's entitled, "How Money Walks - How Two Trillion Dollars Moved Between the States and Why It Matters."

Moline has found a couple of companies to develop new hotels, in historic downtown buildings. Next week, the city council will consider agreements with the Amin Group and the Moline Hotel Group.