Leaving Illinois?
Companies like to Say It
Are we sensing a trend in Illinois? Throw the trial balloon out that you might leave the state and watch the governor come running. And then, tax incentives are handed out and all are happy.
Huh?
When word that Motorola wanted to jump ship, they were graced with $100 million in tax incentives to stay put - - for at least 10 years.
Now, the ball is in Sears' corner. What will happen? If they bolt it will be quite a jolt to the local economy, which is already hurting.
The taxes in Illinois are one main reason these balloons are being filled. Gov. Quinn seeks to assure the residents that all is well and then he gives these tax incentives, which goes against the idea of getting more money from these businesses. So, the people are, once again, stuck with the bill. How about incentives for us? The trial balloon that really burst was when Caterpillar was rumored to want to take their business elsewhere. Hit the panic button Mr. Quinn, taxes are indeed too high in Illinois. Why else would you hand out all those incentives?
Huh?
When word that Motorola wanted to jump ship, they were graced with $100 million in tax incentives to stay put - - for at least 10 years.
Now, the ball is in Sears' corner. What will happen? If they bolt it will be quite a jolt to the local economy, which is already hurting.
The taxes in Illinois are one main reason these balloons are being filled. Gov. Quinn seeks to assure the residents that all is well and then he gives these tax incentives, which goes against the idea of getting more money from these businesses. So, the people are, once again, stuck with the bill. How about incentives for us? The trial balloon that really burst was when Caterpillar was rumored to want to take their business elsewhere. Hit the panic button Mr. Quinn, taxes are indeed too high in Illinois. Why else would you hand out all those incentives?
Published by Tim O'Brien
I have been working in the media for more than 20 years. My field of expertise is entertainment, but I also dabble in special interests such as trivia, history and humor. View profile
- Four Tips for Business-to-Business Cold CallingSales jobs are never easy work, but you can make your job less stressful if you follow these tips for business-to-business cold calling.
- Business-to-Business Phone Sales: Turning Your Phone into CashBusiness-to-business phone sales work well for the small business owner with a tiny budget as well as for large companies with a seemingly endless budget. This is because phone sales are a far cheaper way to introduce...
- Business to Business PodcastingPodcasting is one of the fastest growing technologies out today, but you can also use it for generating business to business sales.
Business to Business Directory - Ensure the Success of Your BusinessMake your business more profitable and visible - To do so, an online presence that is as important as having a physical presence.- Business to Business ProspectingMany new sales representatives struggle and many times fail because of a lack of prospecting skills or guidance. This article provides some basic pointers to prospect more effectively.
- Top Business to Business Marketing Blogs
- How to Plan and Organize Good Business to Business (b2b) Meetings
- The Differences between Business-to-Business Sales and Individual Sales
- Canadian Business to Business Factoring Stripped Down '" Receivables Cash Flow for...
- Business to Business Financing and Financial Factoring '" Whats it it for Me?
- FAQ About Business to Business Telemarketing
- CISCO B2B E-Commerce - Business to Business