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Caterpillar CEO's letter talks of leaving Illinois (Taxes too high)
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| March 25, 2011
| By Kurt Erickson | Lee Springfield Bureau
Posted on 03/25/2011 8:10:52 PM PDT by Islander7
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Oberhelman didn't single out any specific problem with the state's policies in his one-page letter, but Dugan said the recent income tax increase -- signed into law by Quinn in January -- played a significant role in triggering the note.
The tax hike has led to attempts by other states, including Wisconsin, Indiana and New Jersey, to try and poach companies that don't want to stay in the Land of Lincoln.
Oberhelman also sent along correspondence Cat has received from other states.
"I stand ready to help convince you to relocate or expand in the fiscally conservative, low-tax Lone Star State," wrote Texas Gov. Rick Perry in a Jan. 24 letter.
1
posted on
03/25/2011 8:10:59 PM PDT
by
Islander7
To: Islander7
The rent...
is too damn high!
2
posted on
03/25/2011 8:11:57 PM PDT
by
NoLibZone
(Impeach Obama & try him for treason / Homosexuals reject diversity / Unions finally caught for theft)
To: Islander7
Oh no. /s
the funny part is the majority of their sales take place internationaly as US construction has plummeted by 48% on average
3
posted on
03/25/2011 8:14:40 PM PDT
by
Vendome
("Don't take life so seriously... You'll never live through it anyway")
To: Islander7
The Land of Lincoln is slowly shrinkin’.
4
posted on
03/25/2011 8:15:26 PM PDT
by
mlocher
(Is it time to cash in before I am taxed out?)
To: NoLibZone
To: Islander7
Illinois must be a miserable, pathetic place to do business if New Jersey is seen as a viable alternative.
6
posted on
03/25/2011 8:16:12 PM PDT
by
Alberta's Child
("If you touch my junk, I'm gonna have you arrested.")
To: Islander7
To: Islander7
Oberhelman said he's being actively courted to move. I wonder what Guv Brown from California has offered?
8
posted on
03/25/2011 8:22:40 PM PDT
by
umgud
To: Islander7
Cat has already opened a couple of plants in TX.
Might as well move the whole kit & kaboodle down here.
9
posted on
03/25/2011 8:26:04 PM PDT
by
smokingfrog
( sleep with one eye open ( <o> ---)
To: Islander7
I guess Obama is going to print more money so the Government can take over CAT and mold it into a company that no one wants to buy a product from.
10
posted on
03/25/2011 8:30:32 PM PDT
by
OrioleFan
(Republicans believe every day is the 4th of July, democrats believe every day is April 15.)
To: Lando Lincoln
11
posted on
03/25/2011 8:32:01 PM PDT
by
grey_whiskers
(The opinions are solely those of the author and are subject to change without notice.)
To: Islander7
Wow! If Cat ends up leaving Peoria, that would be really earth-shaking for Illinois and should be a huge wake-up call for Springfield. Should.
12
posted on
03/25/2011 8:33:50 PM PDT
by
catnipman
(Cat Nipman: Made from the right stuff!)
To: Islander7
What a stupid bunch of ASSes Boeing heads were for moving there.
13
posted on
03/25/2011 8:33:50 PM PDT
by
steve86
(Acerbic by nature, not nurture (Could be worst in 40 years))
Oberhelman said he's being actively courted to move.
By four states pimping out their own citizens who will get stuck paying for goodies given to Cat.
14
posted on
03/25/2011 8:34:49 PM PDT
by
Milhous
(Lev 19:18 Love your neighbor as yourself.)
To: Islander7
No surprises here. For me, the only surprise is that more businesses haven’t announced they are leaving states like Illinois, New York and Kalifornia - states apparently run by Karl Marx and his brothers Harpo, Zeppo and Groucho.
15
posted on
03/25/2011 8:35:03 PM PDT
by
Rembrandt
(.. AND the donkey you rode in on.)
To: catnipman
My cousin in Peoria worked there for many years, bet she’s glad she finally got retired and can sit at home and play with her grandkids all day.
16
posted on
03/25/2011 8:38:41 PM PDT
by
West Texas Chuck
(Why yes, I do speak Spanglish - "Hasta la later on, amigo. Pardon, would you have any salsa verde?")
To: OrioleFan
“..mold it into a company that no one wants to buy a product from.”
Roadgraders powered by AAA batteries.
17
posted on
03/25/2011 8:39:57 PM PDT
by
Rembrandt
(.. AND the donkey you rode in on.)
To: Islander7
Watch out for EXEMPTION type arrangement “Sebelius style.”
To: Islander7
“including Wisconsin, Indiana and New Jersey”
Snort, snort, snicker, snicker, bwahahahahahahaha.
To: Rembrandt
states like Illinois, New York and Kalifornia - states apparently run by Karl Marx and his brothers Harpo, Zeppo and Groucho.
How dare you insult the Marx brothers by insinuating that states as poorly run as those mentioned could be run by them. I'd take Groucho any day over Moonbeam.
20
posted on
03/25/2011 8:45:44 PM PDT
by
truthguy
(Good intentions are not enough.)
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