By Julie Wernau
… The Hoffman Estates-based company is among several Illinois ones, including CME Group Inc. and Caterpillar Inc., that have raised the possibility of moving after a temporary increase in the state corporate income tax rate in January.
While possibly driving the corporate giant Sears out of the state because of high taxes and government corruption, Gov. Pat Quinn wants to spend $78 million in federal taxpayer money on business start-ups. Here’s an idea: Cut taxes, cut regulations, and make Illinois business-friendly across the board. Then you won’t have to cut special deals for this business or that.
We’ve lost tens of thousands of jobs to other states in recent months. The liberals may not like it, but these businesses pay the taxes that keep the doors in Springfield open. The Democrats would be advised not to chase them out of the state through their arrogant, short-sighted policies. If they leave, the rest of us will be left holding the bag.