Illinois tax increases chase away business

[LockStocksAndBarrel]

See what happens when you crank up the taxes on business owners?

Raising taxes doesn't add to the public coffers. Ask Illinois!

Illinois manufacturer plans Indiana move

 

[Westside]

anyone really surprised here. People will open their business where they can make money, not where they will loose it. that part of indiana needs jobs

 

[hooky]

Greedy companies not willing to pay their fair share...

 

[Boiled Owl]

They need to keep taxing the heck out of us small business' so they can continue to woo: Caterpillar, Sears, Mortorola.

I'm establishing residency at my Indiana farm now. My son will finish 8th grade in Illinois (private school) and go to High School in Indiana next year.

The big problem will be selling our house in Illinois.

EVERY day our "leadership" comes up with another plan to fleece the taxpayer here. Witness the TOLL increase. I gave up and voted with my feet!

 

[gunowner930]

We'll take em in. It's a short drive, lower taxes, and less union-friendly.

 

[firehawk1]

IMO this will be stopped in the near future. A business will have to show just cause for moving (whatever THAT will be) and if the reason does not meet the criteria the state sets, that business will be heavily fined for doing so, or even denied the ability to move altogether. The states that are forcing business to move to protect themselves from an increased tax burden cannot afford the loss of jobs or revenue. The government WILL strike back.

 

[gunduffer]

Thats Illinois for you, they don't allow their citizens to carry weapons to protect themselves, why should it not be surprising they are chasing away income tax money and gain higher unemployment rate. Who did they vote in as governor?

 

[ArmedProgrammer]

They need to keep taxing the heck out of us small business' so they can continue to woo: Caterpillar, Sears, Mortorola.

I'm establishing residency at my Indiana farm now. My son will finish 8th grade in Illinois (private school) and go to High School in Indiana next year.

The big problem will be selling our house in Illinois.

EVERY day our "leadership" comes up with another plan to fleece the taxpayer here. Witness the TOLL increase. I gave up and voted with my feet!

Yessir... made that same choice myself a few (8) years ago - except it was California - not Illinios! Good for you - in spite of how tough it may be.

 

[nawainwright]

Well, look whats happening to Boeing when they tried to open a new plant in a non-union state.

 

[melensdad]

IMO this will be stopped in the near future. A business will have to show just cause for moving (whatever THAT will be) and if the reason does not meet the criteria the state sets, that business will be heavily fined for doing so, or even denied the ability to move altogether. The states that are forcing business to move to protect themselves from an increased tax burden cannot afford the loss of jobs or revenue. The government WILL strike back.

Yup. Boeing is not allowed to move a plant to North Carolina but President Obama's advisor Jeffery Imelt (President of G.E.) is allowed to move several plants out of the US to China!

GE moves US aircraft technology to China => GE ‘all in’ on aviation deal with China - The Washington Post

GE moves US X-Ray/medical imaging technology to China => GE moving X-ray business to China - Boston.com