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2010-02-04

Look the hell out Oregon, Richard M. Daley is coming for your businesses

Come to Chicago
(Richard Daley)
SEATTLE, Washington - As we all know here in the Northwest, Chicago plucked Boeing's corporate headquarters away from Seattle in 2001. A coup to be sure, but not nearly enough to satisfy the appetites of Chicago mayor Richard M. Daley, who is responding to Oregon's recent, ill-advised tax increases by criticizing their bash-the-"rich" premise and promising greener pastures in Illinois:
“What happened in Oregon is not good news for Oregon. They believe that anybody who makes $125,000 or more [annually] or businesses or anyone who makes $250,000 — they’re gonna start taxing them. They call them ‘rich people,’ ” the mayor said.

“I’ve always thought America stands for [rewarding success]. You finish high school. You work hard, go to college and you hope to succeed in life. I never knew it’s a class war—that those who succeed in life are the ones that have to bear all the burden. I never realized that. It will be a whole change in America that those who succeed and work hard [that] we’re gonna tax ‘em more than anyone else.”
He's acting like this whole tax the successful thing is new, it's not, but I appreciate the sentiment.
Daley said Oregon’s tax blunder spells opportunity for Chicago.

“It will help our economic development immediately. You’d better believe it. We’ll be out in Oregon enticing corporations to relocate to Chicago. I’ll be very frank. I make no bones about that. If those states want to do that, so be it,” he said.
You hear that, Oregon? He's not just blowing hot air from 1,800 miles away - he's sending operatives to Oregon to seduce the businesses there.

Now this may all be smoke, mirrors and propaganda - the commenters on the Sun Times story linked above are killing Daley for hypocrisy, for his bloated and corrupt government, etc., and a hottie in Chicago I'd like to seduce an operative of mine in Chicago noted to me that the sales tax is 10.5% in Chicago and the property taxes are no picnic either.

Still, if you treat the productive class as an ATM machine they may just decide to move on; this is true both for individuals and businesses.

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