Illinois and Fiscal Suicide, Part II | International Liberty
Illinois and Fiscal Suicide, Part II June 24, 2022 by Dan Mitchell
Yesterday’s column discussed Caterpillar’s decision to move its headquarters from high-tax Illinois to low-tax Texas. Today, we have more bad news for the Prairie State. A major investment fund, Citadel, also has decided to leave Illinois. Is the company moving to a different high-tax state, perhaps California or New York? Maybe Connecticut or New Jersey? Nope. Citadel is going to Florida, a state famous for having no income tax.
Source: Illinois and Fiscal Suicide, Part II | International Liberty