RAJ REPORT

Australia needs competitive Federalism between States to increase productivity ————-he state is making an aggressive bid to lure disgruntled businesses across the border, with a campaign unabashedly asking on billboards and online: “Illinoyed by higher taxes?” They even took out an ad to pitch the message in the 2013-2014 Chicago Bears yearbook. (Also on POLITICO: Why Wall Street is fed up) “It isn’t poaching,” Indiana Commerce Secretary Victor Smith told POLITICO. “People are making informed business decisions.” States have dueled over business investment for years, but the kind of rate-cutting and other hardball tactics pursued by Gov. Mike Pence is part of a groundswell of efforts from Republican governors.

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Illinois is hobbled with a billion dollar budget shortfall, looming pension crisis and politicians flirting with tax hikes.

Neighboring Indiana calls that an opportunity.

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The state is making an aggressive bid to lure disgruntled businesses across the border, with a campaign unabashedly asking on billboards and online: “Illinoyed by higher taxes?” They even took out an ad to pitch the message in the 2013-2014 Chicago Bears yearbook.

(Also on POLITICO: Why Wall Street is fed up)

“It isn’t poaching,” Indiana Commerce Secretary Victor Smith told POLITICO. “People are making informed business decisions.”

States have dueled over business investment for years, but the kind of rate-cutting and other hardball tactics pursued by Gov. Mike Pence is part of a groundswell of efforts from Republican governors.

Read more: http://www.politico.com/story/2013/12/indiana-illinois-illinoyed-business-101430.html#ixzz2o9t9avgn

 

 

 

 

Indiana lures ‘Illinoyed’ biz with tax breaks – Kelsey Snell – POLITICO.com.

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