Illinois Ups The Ante (Cont.)

In response to Illinois’ decision to nearly double its personal income tax and corporate income tax, the founder of the Jimmy John’s Gourmet Sandwich Shop chain says he and his family are relocating to Florida and his company, which is headquartered in Illinois, also may relocate.  “All they do is stick it to us,” he is quoted as saying.

Why shouldn’t all taxpayers in Illinois feel that way?  And if they do, why shouldn’t they leave?

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