posted on Feb, 24 2015 @ 03:55 PM
a reply to: Indigo5
Im no expert neither but my guess is as a successful business man himself, he understands first hand the reasons why the state is bad for buisness.
My guess is he cut it because some of his big buisness buddys who packed up and left the state or currently planning to do so, said the cost of doing
buisness in Illinois just doesn't make sense anymore.
Worst three states for business.
California, New York and Illinois continue to rank among the worst three states in 2014, with virtually no change from previous years. California has
gained breathing space since Governor Jerry Brown took office and is credited with a budget surplus. But despite the return of fiscal discipline, it
has exchanged acute problems for merely chronic ones. It is a state that continues high personal income tax rates and regulates with a very heavy
hand. Its top, marginal tax rate of 33 percent is the third-highest tax rate in the industrialized world, behind only Denmark and France. This
situation creates a bias against savings, slows economic growth and harms competitiveness.
trying to squeeze blood from a turnip with tax's is not going to fix the problem.
edit on 24-2-2015 by swimmer15 because: (no reason