When Illinois legislators approved increasing the income tax in January 2011, a couple of neighboring governors wasted no time trying to take advantage.
Indiana Gov. Mitch Daniels and Wisconsin Gov. Scott Walker shed a few crocodile tears, bought billboard and newspaper ads urging Illinois businesses to flee and barnstormed the airways to proclaim their states would benefit from Illinois’ desperate attempt to soak up the red ink smeared across its balance sheet.
Roughly 18 months later, Indiana says it has attracted 1,600 jobs from firms that moved Illinois employment to the Hoosier state or from companies with Illinois presences that have expanded in Indiana.
Monday, June 25, 2012
Post-tax hike, Illinois weathers attempts to poach jobs
The State Journal Register reports:
