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Illinois’ wealth flight explained in 4 graphics
Illinois Policy ^ | November 15, 2016 | Michael Lucci

Posted on 11/18/2016 9:32:13 PM PST by george76

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1 posted on 11/18/2016 9:32:13 PM PST by george76
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To: george76

If the Colorado Single Payer medical insurance had passed we would be out of here as well as our business. My personal corporate employment in Colorado would be terminated by me if I could not opt out of commie care and work remotely. I was looking at homes on line that were in Wyoming.

Stupid decisions will bite back.


2 posted on 11/18/2016 9:50:37 PM PST by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

You’re not alone. I know someone who bailed out of Chicago for Wyoming. Net worth probably in the 9 figures. Can’t sell the IL property even after dropping FAR below appraised value. Nobody with a brain wants to be there anymore. It’s turning into “Escape From Shitcago.”


3 posted on 11/18/2016 10:21:22 PM PST by Trod Upon (Government employees and welfare recipients are both net tax consumers. Often for life.)
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To: george76

California pushed my business and my family out for much the same reasons.

Since moving to Texas in 2006, we’ve done better and better. The annual gross of our business has grown an average of 30% per year, for the last five of those years.

It’s not because we changed anything in our modus operandi. It’s because there is more freedom and natural organic financial growth in this environment.

We also work hard, but at least the state doesn’t have a jackboot on our necks.


4 posted on 11/18/2016 10:26:22 PM PST by Windflier (Pitchforks and torches ripen on the vine. Left too long, they become black rifles.)
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To: Trod Upon

That is what I worry about. How would I know when to sell my house before it becomes undesirable? A reprieve with the rebuke of prop 69, but so many annoyances like marijuana = good, ammo mags = bad.


5 posted on 11/18/2016 10:33:13 PM PST by MtnClimber (For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
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To: MtnClimber

Sometimes you just have to take some losses in order to survive. You lick your wounds, learn your lessons and carry on.

Starting a business in a socialist state is never a good idea.


6 posted on 11/18/2016 10:54:22 PM PST by fella ("As this was before Noah so shall it be again,")
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To: george76

No fed bail out. Let them suffer the consequences of their foolishness.


7 posted on 11/18/2016 11:16:16 PM PST by Ken H (Best election ever!)
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To: george76

That is unexpected!

Who would have guessed that, after six decades of using tax policy to change behavior, democrats would find out that tax policy actually changes behavior? I’m shocked!


8 posted on 11/18/2016 11:16:29 PM PST by Pollster1 ("Governments derive their just powers from the consent of the governed")
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To: george76

There be Democrat dummies in that state fur sure.

Time for a real political revolution there, cleaning out a large part of the Chicago corruption machine of Rahm Emanuel and the congressional Marxist/racist extremists like Gutierrez, Davis, Rush, etc.


9 posted on 11/18/2016 11:23:26 PM PST by MadMax, the Grinning Reaper
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To: Windflier

We live in Indiana at the moment, but have been thinking of moving to Texas.


10 posted on 11/18/2016 11:31:38 PM PST by gattaca (Republicans believe every day is July 4, democrats believe every day is April 15. Ronald Reagan)
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To: george76

Interesting data. Thanks for posting.


11 posted on 11/18/2016 11:54:16 PM PST by PGalt
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To: george76

Plus they have toll roads every five yards or so on the freeway.


12 posted on 11/19/2016 12:08:44 AM PST by Luke21
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To: Pollster1

That is why there are Democrats talking about eliminating States altogether, so there would be nowhere else to go.


13 posted on 11/19/2016 1:02:05 AM PST by MCF (If my home can't be my Castle, then it will be my Alamo.)
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To: Trod Upon

14 posted on 11/19/2016 4:15:33 AM PST by Flick Lives (Les Deplorables Triumphant)
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To: MCF
That is why there are Democrats talking about eliminating States altogether, so there would be nowhere else to go.

Seems to be a recurring tactic of Leftists, based on the false assumption that if they could only chain down the productive population, Leftits could stay in power forever by redistributing the dollars from the productive slave labor force. Leftists always fail to read history, however. When that situation arrises, the productive class goes on strike. Maybe not an actual strike, but they just shut down, minimize, go dormant.

15 posted on 11/19/2016 4:21:58 AM PST by Flick Lives (Les Deplorables Triumphant)
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To: george76

It’s not just the taxes that are sending the people fleeing from Illinois... it’s the mindset of many of the people living there that affects the quality of life in the state.


16 posted on 11/19/2016 5:06:33 AM PST by Maudeen (No one on this earth is too far gone for Jesus.)
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To: MCF

The dummies don’t seem to understand that the best course is to exterminate dummies rather than eliminate states


17 posted on 11/19/2016 5:10:32 AM PST by bert ((K.E.; N.P.; GOPc;WASP .... Does America still have lots of safe closet?)
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To: MtnClimber

“That is what I worry about. How would I know when to sell my house before it becomes undesirable? “

There are long lag times in culture and, like the stock market, much anticipation of future prices. Markets are exquisitely tuned for this. For example, a company announces it will buy XYZ. The price of XYZ probably already reflects that the buyout was possible. The fact that you are already thinking you need to sell to protect your equity probably means the price you get will already reflect all the negatives you are afraid of.


18 posted on 11/19/2016 5:13:43 AM PST by Gen.Blather (`)
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To: george76

I know people who purposely moved to Illinois because it’s the state that offers the best welfare benefits.


19 posted on 11/19/2016 5:31:32 AM PST by ViLaLuz (2 Chronicles 7:14)
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To: george76

I have a client who lives here, mostly, but her husband is a top Executive in a huge company - he lives and works in Chicago.

He flies in to Bozeman every weekend to see his wife and enjoy their lovely estate.

I would think he will retire soon.


20 posted on 11/19/2016 5:32:16 AM PST by BBB333 (Q: Which is grammatically correct? Joe Biden IS or Joe Biden ARE an idiot?)
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