Jimmy John’s founder: Taxes may force Florida move ( from Illinois )

ap ^ | Jan 19, 2011

[george76]

The founder of Jimmy John’s sandwich shops says he’s considering moving his company’s headquarters from Champaign to Florida because of Illinois’ new tax increase.

Gov. Pat Quinn signed the income tax increase last week to help address billions of dollars in state budget shortfalls. The corporate tax rate increased from 4.8 to 7 percent.

[Presbyterian Reporter]

Florida would welcome this company.

All he has to do is tell us when he is coming and we will have offices waiting for him.

And by the way there is no INCOME TAX in Florida.

[The Theophilus]

I'm a Californian who spent time living in Florida, but when it came time for me to pull up stakes and get the family out of LaLa Land, I chose the Lone Star State.

We are talking about Illinois though. Too much culture shock for a move to Texas. They should go to Floriduh on a probationary status, and if they can demonstrate nominal levels of patriotism and free market ideas, then they might be good enough for Texas.

We have had far too much blue added to our state recently and it is worrying me.

[kara37]

However, the New Yorkers come down to Florida and vote for the same Dems and policies that forced them to leave New York.

You can't fix stupid.

[mazda77]

I wouldn’t be surprised to see Nelson decide to not run, although not very likely he can give up on the perks. I do business with people in the Space Coast area and it appears nobody is happy with him at all, even a professor at FTI says the same for most on campus he knows. All we need now is for another Marco to rise and take him on. I will be watchful for any rumblings and as soon as someone with credibility steps up, I’ll be ready to help.

[dennisw]

Bill Nelson is 68 same as Joe Lieberman who just bailed due to primary challenges. So I rate it at 50% that Nelson will quit while he is ahead rather than quitting due to sickness. Meaning that the voters got sick of him

[mazda77]

:)

[mad_as_he$$]

35 posts to get there. FR is really slipping.

[Windflier]

We are talking about Illinois though. Too much culture shock for a move to Texas. They should go to Floriduh on a probationary status

If the Illinois emigrants come out of the large cities, I would tend to agree with you. Even though I had a decidedly non-urban frame of mind, and was very tuned in to flyover country values and culture, I still had a tough adjustment period after moving to Texas.

In the first year we were here, we knew of at least one family from the north-east who failed to adjust to Texas, and wound up moving to Tennessee.

I know a contractor who is originally from Chicago. He's been here for almost a decade, but still seems un-adjusted to Texas culture. I once asked him about that, and he told me that the economy is the only thing that keeps him here.

[Stosh]

I was pretty amazed myself when I scanned through the replies and found the low-hanging fruit still hanging!

[Elsie]

The Democrats in IL have just dug a bigger hole in their state’s fiscal outlook.

It must suck, BIG TIME!, to be next door to Indiana!

We are going after the businesses in Illinois full bore!

[USNBandit]

I was asking the guy moving his business from MT to WA because my impression (not being a business owner) was that the Washington State B&O tax was really messed up. It taxes gross receipts not profits, so you can have a business that is losing money and still have to pay taxes. It seems at every turn the government says they want to help businesses create jobs, but it is hard to create jobs when you have the yoke of government holding you back.

As an aside, I think it is pretty funny that Boeing moved their HQ from Seattle to Chicago a few years ago and now Illinois taxes are about to go up 66%.

[eater-of-toast]

reframe them as salads with two really big croutons

Now, that is brilliant framing. Well done!

[EDINVA]

first thing that came to mind about getting outta IL:

ROCK ISLAND LINE
(Traditional / Huddie Ledbetter / Arr: Johnny Cash)
Johnny Cash - 1956

SPOKEN:
Now this here’s a story about the Rock Island Line
Well the Rock Island Line she runs down into New Orleans
There’s a big tollgate down there and you know
If you got certain things on board when you go through the tollgate
Well you don’t have to pay the man no toll
Well a train driver he pulled up to the tollgate
And a man hollered and asked him what all he had on board and said
I got livestock I got livestock I got cows I got pigs I got sheep
I got mules I got all livestock
Well he said you’re all right boy you don’t have to pay no toll
You can just go right on through so he went on through the toolgate
And as he went through he started pickin’ up a little bit of speed
Pickin’ up a little bit of steam
He got on through he turned and looked back at the man he said
Well I fooled you I fooled you I got pigiron I got pigiron I got old
pigiron
Down the Rock Island Line she’s a mighty good road
Rock Island Line it’s a road to ride
Rock Island Line it’s a mighty good road
Well if you ride you got to ride it like you finally get your ticket
At the station for the Rock Island Line

Looked cloudy in the west and it looked like rain
Round the curve came a passenger train
North bound train on the southbound track
He’s alright a leavin’ but he won’t be back

Well the Rock Island Line she’s a mighty good road
Rock Island Line it’s a road to ride
Rock Island Line it’s a mighty good road
Well if you ride you got to ride it
Like you finally get your ticket
At the station for the Rock Island Line

Oh I may be right and I may be wrong
But you gonna miss me when I’m gone
Well the engineer said before he died
There were two more drinks that he’d like to try
The conductor said what could they be
A hot cup of coffee and a cold glass of tea

Well the Rock Island Line she’s a mighty good road
Rock Island Line it’s a road to ride
Rock Island Line it’s a mighty good road
Well if you ride you got to ride it
Like you finally get your ticket
At the station for the Rock Island Line