Motorola Decides to Stay in Chicago
May 6, 2011, 12:57 PM by Eric M. Zeman
Motorola Mobility today announced plans to keep its headquarters in Libertyville, Illinois. The company had been considering a move to California or Texas. One reason Motorola decided to stay is because the governor of Illinois enacted new legislation providing tax relief to businesses based in the state. Twitter forced a similar action from the City of San Francisco last month. It threatened to move its headquarters from the city proper due to the expense of certain business taxes. The city changed its taxing policy and Twitter decided to remain in San Francisco.
source: Motorola
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Comments
Corporatism...
Wow. I bet if I threatened to leave my city/state no city would change it's tax codes. But let's be sure to change everything so the corporations can stay. How much do you think these officials were paid on top of the tax revenue they will be getting?
"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power". -Mussolini
It's a shame how appropriate this quote is these days.
"Fascism should more appropriately be called Corporatism because it is a merger of state and corporate power". -Mussolini
It's a shame how appropriate this quote is these days.
They change for a large company because it's easier than having the large company move. If you move, it's just you and your Warbound.
Illinois did the right thing. Their business taxes are uncompetitively high. They don't have to lower their ta...
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Illinois did the right thing. Their business taxes are uncompetitively high. They don't have to lower their ta...
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planethulk said:...
Wow. I bet if I threatened to leave my city/state no city would change it's tax codes. But let's be sure to change everything so the corporations can stay. How much do you think these officials were paid on top of
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...if you leave how many jobs (payroll taxes) will they lose? The truth is if taxes were lowered for everyone, there would be more disposable income to be spent. As it stands, politicians do not understand this until businesses pack up and leave.
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Well yea, why would anyone want to keep less of their money?
Breaking the backs of taxpayers and stifling the economy with more taxes and regulation....... 🤭
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Everyone should be trying to avoid higher taxes.
muchdrama said:
--avoiding taxes since the beginning of time.
Not really, since you can't tax a business, you can only tax people. Sure, there are "corporate taxes," but when you tax a business, the business gets th...
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