Authored by Mike Shedlock via MishTalk.com,
Illinois is paying over $206,000 per job for 2,600 jobs. The primary beneficiary is a Chinese company known for stealing technology.
Chinese Companies and Your Tax Dollars
Illinois Gov. J.B. Pritzker doles out $536 Million in tax credits and other incentives to lure Gotion, a battery firm that no other states wanted.
The Wall Street Journal comments on Chinese Companies and Your Tax Dollars
Open for Business
Mr. Pritzker called Gotion’s arrival “the most recent proof that we are in a new paradigm. Illinois is on the rise, and we’re open for business.”
Open to leave is more like it. Numerous corporations are voting with their feet due to Illinois’ high-crime and high-tax reality.
TTX Joins Major Chicago Leaving Chicago
The Illinois Policy Institute reports TTX Joins Major Chicago Leaving Chicago
Hoot of the Day
Illinois is paying over $206,000 per job created to a company the FBI has flagged for “theft of trade secrets and economic espionage.” And Governor Pritzker is bragging about it.
It’s “proof of a new paradigm,” said Pritzker. Indeed.
Chicago’s Problem is Crime, the Mayor’s Solution is City-Run Grocery Stores
In case you missed it, please see Chicago’s Problem is Crime, the Mayor’s Solution is City-Run Grocery Stores
If you are a store owner in Chicago suffering huge losses to theft or if you are an individual tired of the crime and piss poor public schools, I have a suggestion: leave.
But think about where your going. Leaving Chicago isn’t enough. I advise leaving the state.
Reserve your U-Haul well in advance. Recall that It Takes 3 Weeks to Escape Illinois, at least it did for us because all of the one-way U-Haul rentals were headed out.