-By Illinois GOP House Leader Tom Cross
For nearly 100 years, Modern Drop Forge employees have been manufacturing metal forging tools in Blue Island. In August, the company announced it was moving to Indiana and taking 240 jobs with it. The reason: Illinois’ “poor business environment”–specifically, workers compensation laws and high taxes.
How many more companies and good jobs are we willing to let go before we get serious about workers compensation, regulatory, tort and tax reform?
In January, after Illinois’ governor and Democrats in the General Assembly passed the largest income tax hike and corporate tax hike in state history, Indiana Gov. Mitch Daniels actively began recruiting Illinois businesses. He isn’t alone. Gov. Chris Christie of New Jersey came to Illinois and ran TV ads after the tax vote marketing his state to businesses.
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Illinois Jobs Need to be Job One”