Bad news for Illinios? Sounds familiar... - PowerStrokeNation : Ford Powerstroke Diesel Forum
 
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post #1 of 9 (permalink) Old 03-27-2011, 11:37 AM Thread Starter
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Bad news for Illinios? Sounds familiar...

Caterpillar CEO's letter talks of leaving Illinois

Cat is threatening to leave.
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post #2 of 9 (permalink) Old 03-27-2011, 05:21 PM
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Re: Bad news for Illinios? Sounds familiar...

While Cat may be awarded tax breaks to keep them at home, I doubt Illinois will change their overall tax policy for the rest of the states businesses.
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post #3 of 9 (permalink) Old 03-28-2011, 11:19 AM Thread Starter
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Re: Bad news for Illinios? Sounds familiar...

You may be right, but I have a strong feeling CAT would move to Texas. That is my thought. I still can't believe this didn't get headlines like the union dealy? To pass a controversial bill in the middle of the night without anty public knowledge? That is tyranny and unlike what is happening here in my state (WI), it was at least up for debate and it was known beforehand that this was going to take place. It was in my book wrong what they did. Could have had it up for discussion, but since they knew they no longer had a job (Ill. reps), they were going to screw the public one last time.
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post #4 of 9 (permalink) Old 03-30-2011, 09:37 PM
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Re: Bad news for Illinios? Sounds familiar...

Good Bye and Good Luck

As we leave Illinois for good, I wanted to say goodbye to my friends and wish all of you well. I am a lifelong son of the heartland and proud of it. After 60 years, I leave Illinois with a heavy heart. BUT enough is enough! The leaders of Illinois refuse to see we can’t continue going in the direction we are and expect people who have options to stay here. I remember when Illinois had 25 congressmen. In 2012 we will have 18. Compared to the rest of the country we have lost 1/4rd of our population. Don’t blame the weather, because I love 4 seasons.

Illinois just sold still more bonds and our credit rating is so bad we pay higher interest rates than junk bonds! Junk Bonds! Illinois is ranked 50th for fiscal policy; 47th in job creation; 1st in unfunded pension liabilities; 2nd largest budget deficit; 1st in failing schools; 1st in bonded indebtedness; highest sales tax in the nation; most judges indicted (Operations Greylord and Gambat); and 5 of our last 9 elected governors have been indicted. That is more than the other 49 states added together! Then add 32 Chicago Aldermen and (according to the Chicago Tribune) over 1000 state and municipal employees indicted. The corruption tax is a real cost of doing business. We are the butt of jokes for stand up comics.

We live in the most corrupt big city, in the most corrupt big county in the most corrupt state in America. I am sick and tired of subsidizing crooks. A day rarely passes without an article about the corruption and incompetence. Chicago even got caught rigging the tests to hire police and fire! Our Crook County CORPORATE property tax system is intentionally corrupt. The Democrat State Chairman who is also the Speaker of the Illinois House and the most senior alderman in Chicago each make well over a million dollars a year putting the fix in for their client’s tax assessments.

We are moving to Texas where there is no income tax while Illinois’ just went up 67%. Texas’ sales tax is ½ of ours, which is the highest in the nation. Southern states are supportive of job producers, tax payers and folks who offer opportunities to their residents. Illinois shakes them down for every penny that can be extorted from them.

In The Hill Country of Texas (near Austin and San Antonio) we bought a gracious home on almost 2 acres with a swimming pool. It is new, will cost us around 40% of what our home in Wilmette just sold for and the property taxes are 1/3rd of what they are here. Crook County’s property tax system is a disaster: Wilmette homes near ours sell for 50% more and their property taxes are ½ of ours. Our assessed home value was 50% higher than the sales price. The system is unfair and incompetent.

Our home value is down 40%, our property taxes are up 20% and our local schools have still another referendum on the ballot to increase taxes over 20% in one year. I could go on, but enough is enough. I feel as if we are standing on the deck of the Titanic and I can see the icebergs right in front of us. I will miss our friends a great deal. I have called Illinois home for essentially my entire life. But it is time to go where there is honest, competent and cost effective government. We have chosen to vote with our feet and our wallets. My best to all of you and Good luck!

Roger A. Keats

If only those who knew what they were talking about replied, this thread would still be on page one.
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post #5 of 9 (permalink) Old 03-30-2011, 09:39 PM Thread Starter
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Re: Bad news for Illinios? Sounds familiar...

I don't blame you one bit. That is why mad parents moved from WI (62 years) to Arkansas! Taxes pizzed me parents right out of the state!
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post #6 of 9 (permalink) Old 03-31-2011, 12:16 AM
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Re: Bad news for Illinios? Sounds familiar...

God man, I had no idea things were that bad. I don't know how you didn't go insane witnessing all the dysfunction. I am dreaming of wandering out of my home state after my support obligations end in a couple of years. Good luck in your new home sir.
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post #7 of 9 (permalink) Old 03-31-2011, 12:50 AM
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Re: Bad news for Illinios? Sounds familiar...

Crap buddy
That freaking sucks, well I hope everything works out in your new home, and I sure hope that CAT moves to Texas and spreads out there company up here as well, we could use the idustry up here big time

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post #8 of 9 (permalink) Old 03-31-2011, 12:56 AM
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Re: Bad news for Illinios? Sounds familiar...

Well we see were are president learnd all his great politics. I hope they come to Texas.

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post #9 of 9 (permalink) Old 03-31-2011, 12:58 AM
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Re: Bad news for Illinios? Sounds familiar...

Welcome to communism

I think a lot of New Yorkers would agree, that one crap-hole city runs the whole state here. The cess-pool that is Chicago (the place that produced our unnatural citizen President, and other crooks like Rod Blagojevich, Tony Rezko, George Ryan, etc...) runs this state. Doesn't matter what the 4 million of us downstate have to say when a metropolitan area greater than 8 million vote for perpetual Democratic leadership.

Chicago leaders were also kind enough to give us a recent 66% increase in personal income tax to boot

Money grows on trees here

I've heard rumors of CAT moving headquarters to Indy. Just across the state line and cheaper $$$. It will be along process but I think they will move.

Sad, a company this big having to leave after all this time.

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