December 12, 2011

ILLINOIS: Doing Business With The Simpsons. “The Illinois legislature passed a tax package that is designed to keep the $CME and $CBOE from leaving the state. Is it enough? Indiana governor Mitch Daniels has said that being next to Illinois is like living next door to the Simpsons. . . . The core problem is that Illinois is one of the most expensive places to do business in the nation. The Democratic tax increase last January has cost the state many businesses, and it has lost thousands of jobs. The migration of companies from high tax/high cost states has accelerated in the last decade. The American south is rising again.”

The CBOE and CME are welcome to relocate to Nashville. Or Knoxville. Or even Chattanooga, where they have superfast Internet now.

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