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Jimmy Johnís founder: Taxes may force Florida move ( from Illinois )
ap ^ | Jan 19, 2011

Posted on 01/19/2011 10:40:42 PM PST by george76

The founder of Jimmy John’s sandwich shops says he’s considering moving his company’s headquarters from Champaign to Florida because of Illinois’ new tax increase.

Gov. Pat Quinn signed the income tax increase last week to help address billions of dollars in state budget shortfalls. The corporate tax rate increased from 4.8 to 7 percent.

(Excerpt) Read more at suntimes.com ...


TOPICS: Business/Economy; Extended News; Government; News/Current Events; US: Florida; US: Illinois
KEYWORDS: newtaxes; taxes; taxincrease
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1 posted on 01/19/2011 10:40:45 PM PST by george76
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To: george76

Oh well leave then!

Our paradise doesn’t need you! (Just your money.)


2 posted on 01/19/2011 10:46:37 PM PST by Tzimisce (It's just another day in Obamaland.)
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To: george76

The Democrats in IL have just dug a bigger hole in their state’s fiscal outlook.

People are going to pack up and leave. And they won’t be coming back.


3 posted on 01/19/2011 10:53:46 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Tzimisce
4.8 to 7 percent.

Zounds! They are ASKING businesses to leave, or not be profitable.

4 posted on 01/19/2011 10:56:25 PM PST by Loud Mime (If you don't believe in God, you will believe in government. Choose your "G")
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To: george76

Incoming! Here comes the exodus!


5 posted on 01/19/2011 10:57:36 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: Loud Mime

66% tax increase. They seem to think people love higher taxes. Wait until they have to pay them!


6 posted on 01/19/2011 10:58:24 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Windflier

FL has no state personal or corporate income tax. So if you had relocate - where would you go to save money?


7 posted on 01/19/2011 10:59:53 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: george76

FABs or sandwich shops. We’ll take ‘em.


8 posted on 01/19/2011 11:00:32 PM PST by VeniVidiVici (Florida - Give me your sick and tired, your poor, your huddled masses yearning to breathe tax free!)
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To: george76

Moving my company to Washington from Montana because of their income tax and their rural property tax thieves who steel from businesses that don’t grow or raise stock.

Moving to the border so I can buy supplies with zero sales tax in Oregon and pay zero income tax in Washington.

Only 5 employees but hey politicians wake up! We don’t mind taxes that go to make government work but when you scum sucking pigs rape us to buy votes we will eventually leave the country to bribe people much cheaper then you.


9 posted on 01/19/2011 11:04:42 PM PST by liberty or death
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To: liberty or death

Don’t think about it—do it!


10 posted on 01/19/2011 11:07:59 PM PST by gman992
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To: george76

If it were me, I would have done it yesterday.


11 posted on 01/19/2011 11:09:36 PM PST by smokingfrog (BORN free - taxed to DEATH)
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To: gman992

In the middle of it now. Bye-Bye MT. These were also jobs that pay much higher then what these people here are use to.


12 posted on 01/19/2011 11:17:45 PM PST by liberty or death
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To: goldstategop

There was an interesting radio spot on the “news” about the tax hikes. Some airhead was interviewed and offered “that with thse huge deficits, well, there’s nothing to do but pay higher taxes, and get on with our lives.”

Sounds like a lot of folks and businesses are going to “get on with their lives” - right out of the state.


13 posted on 01/19/2011 11:18:54 PM PST by Freedom4US
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To: goldstategop
FL has no state personal or corporate income tax. So if you had relocate - where would you go to save money?

Texas, but that's just me .. heh.

I'm a Californian who spent time living in Florida, but when it came time for me to pull up stakes and get the family out of LaLa Land, I chose the Lone Star State.

I still can't believe what a good move it was.

14 posted on 01/19/2011 11:24:11 PM PST by Windflier (To anger a conservative, tell him a lie. To anger a liberal, tell him the truth.)
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To: george76

When folks can’t beat liberalism at the polls, they often vote with their feet.

Love Jimmy John’s. Their “Garg” is awesomeness on a roll.


15 posted on 01/19/2011 11:24:14 PM PST by eater-of-toast ("It is much more important to kill bad bills than to pass good ones." -- Calvin Coolidge)
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To: eater-of-toast

I prefer their bootlegger sandwich.


16 posted on 01/19/2011 11:26:42 PM PST by TheThinker (Communists: taking over the world one kooky doomsday scenario at a time.)
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To: TheThinker

The name sticks in my mind, but I don’t remember what’s on that one. Does it come equipped with the goodness of bacon? I’m sure I’d like ‘most any of their sandwiches, except for a vegetarian one (I think they have at least one of those?). Vegetarian subs are surely the work of the Devil.


17 posted on 01/19/2011 11:38:18 PM PST by eater-of-toast ("It is much more important to kill bad bills than to pass good ones." -- Calvin Coolidge)
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To: liberty or death

I don’t know much about business taxes, but how does the company feel about the Washington Business and Occupancy Tax and state run workman’s comp? It seems if anything Washington state is lagging behind in job growth.


18 posted on 01/19/2011 11:39:05 PM PST by USNBandit (sarcasm engaged at all times)
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To: george76

I’ve seen this sort of thing go on in NY for ages. Dem strongholds with unions who get too greedy for their own good. They never learn.


19 posted on 01/19/2011 11:43:19 PM PST by Impala64ssa
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To: eater-of-toast

Roast beef, turkey, lettuce, tomato and mayo. I don’t know why it’s so good. It just is.


20 posted on 01/19/2011 11:49:19 PM PST by TheThinker (Communists: taking over the world one kooky doomsday scenario at a time.)
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