Garden State Welcomes Taxed Ill. Businesses

Friday, 14 Jan 2011 11:45 AM

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Illinois companies feeling burdened by a whopping tax increase might find a happier home in . . . New Jersey? Gov. Chris Christie has joined the list of state leaders planning to woo business from the Land of Lincoln, the New York Times reports.

chris, christie, illinois”The pitch I’m going to make to businesses in Illinois is, ‘With Pat Quinn as your governor and this Democratic Legislature, you can guarantee this is just the beginning,” Christie said.

The question is whether New Jersey, 900 miles away and with a comparable 9 percent corporate tax rate, looks better to Illinois companies than, say, Indiana and Wisconsin, neighboring states whose Republican governors started the campaigning for relocations.



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