red states rule
01-15-2011, 10:35 AM
Well Dems jacked up taxes in Il, and now the neighboring states are doing all they can to attract new residents and companies who will flee the state
and the liberal media is attacking those states while defending the higher taxes
Poor Illinois: Per AP, Neighboring States Are 'Gleefully Plotting' to Take Business, Jobs in Wake of Tax Increases
It's not too difficult to determine where the sympathy of the Associated Press's Christopher Wills resides in the aftermath of the Democrat-controlled legislature's passage in Illinois of steep, "temporary" four-year income and corporate tax increases.
Wills cited neighboring states as "gleefully plot(ting)" to take business away from Illinois, claimed that the Illinois move "resolve(d)" its budget crisis (that remains to be seen), and asserted that "economic experts scoffed" at the idea that significant out-of-state business migration might occur. Oh, and he found one business threatening to leave not Illinois, but Wisconsin, because the Badger State's governor wouldn't accept deficit-generating light-rail money from Uncle Sam.
Here are the relevant paragraphs from Wills's report ("Neighboring states gleeful over Ill. tax increase"; bolds are mine):
While many states consider boosting their economies with tax cuts, Illinois officials are betting on the opposite tactic: dramatically raising taxes [1] to resolve a budget crisis that threatened to cripple state government.
Neighboring states gleefully plotted Wednesday to take advantage of what they consider a major economic blunder and lure business away from Illinois. [2]
... But economic experts scoffed at images of highways packed with moving vans as businesses leave Illinois. [3] Income taxes are just one piece of the puzzle when businesses decide where to locate or expand, they said, and states should be cooperating instead trying to poach jobs from one another.
"The idea of competing on state tax rates is . . . hopelessly out of date," said Ed Morrison, economic policy advisor at the Purdue Center for Regional Development. [3] "It demonstrates that political leadership is really out of step with what the global competitive realities are."
Read more: http://newsbusters.org/blogs/tom-blumer/2011/01/13/poor-illinois-ap-neighboring-states-are-gleefully-plotting-take-business#ixzz1B7Q35Qne
and the liberal media is attacking those states while defending the higher taxes
Poor Illinois: Per AP, Neighboring States Are 'Gleefully Plotting' to Take Business, Jobs in Wake of Tax Increases
It's not too difficult to determine where the sympathy of the Associated Press's Christopher Wills resides in the aftermath of the Democrat-controlled legislature's passage in Illinois of steep, "temporary" four-year income and corporate tax increases.
Wills cited neighboring states as "gleefully plot(ting)" to take business away from Illinois, claimed that the Illinois move "resolve(d)" its budget crisis (that remains to be seen), and asserted that "economic experts scoffed" at the idea that significant out-of-state business migration might occur. Oh, and he found one business threatening to leave not Illinois, but Wisconsin, because the Badger State's governor wouldn't accept deficit-generating light-rail money from Uncle Sam.
Here are the relevant paragraphs from Wills's report ("Neighboring states gleeful over Ill. tax increase"; bolds are mine):
While many states consider boosting their economies with tax cuts, Illinois officials are betting on the opposite tactic: dramatically raising taxes [1] to resolve a budget crisis that threatened to cripple state government.
Neighboring states gleefully plotted Wednesday to take advantage of what they consider a major economic blunder and lure business away from Illinois. [2]
... But economic experts scoffed at images of highways packed with moving vans as businesses leave Illinois. [3] Income taxes are just one piece of the puzzle when businesses decide where to locate or expand, they said, and states should be cooperating instead trying to poach jobs from one another.
"The idea of competing on state tax rates is . . . hopelessly out of date," said Ed Morrison, economic policy advisor at the Purdue Center for Regional Development. [3] "It demonstrates that political leadership is really out of step with what the global competitive realities are."
Read more: http://newsbusters.org/blogs/tom-blumer/2011/01/13/poor-illinois-ap-neighboring-states-are-gleefully-plotting-take-business#ixzz1B7Q35Qne