Wednesday, January 12, 2011

Mayor Daley says tax increase will send businesses out of state

The Chicago Tribune reports:
Mayor Richard Daley today predicted the increase in the corporate income tax rate passed by state lawmakers overnight will prompt a quiet exodus of jobs to neighboring states.

"Businesses don't have press conferences like this and announce they're moving 50 people out, 60 people out, 70 people," Daley said.
Heh.