Arthur Laffer and Stephen Moore, WSJ: (In which Illinois' proposed 50% income tax hike is mentioned.) Americans know how to use the moving van to escape high taxes.
P.S. Job-seekers head to Texas, including those from Illinois. Fort Worth Star-Telegram:
In 2008 and the first quarter of 2009, 14.3 percent of the people leaving the once Golden State were bound for the Lone Star State, according to Relocation.com, which tracks moving trends. Other states with sizable outflows to Texas included Florida (7.9 percent), Illinois (4.7), Michigan (4.6) and New York (4.3). [snip]
"Why do people move? Generally, jobs," Gaines said. "Right now, Texas will probably be the only state in the Union that reports more jobs than the year before — by a total of close to 154,000 [in 2008]."Those numbers will be reduced this year. But if you are an entrepreneur or want to start a business, this is the best place to do it because of the pro-business attitude of the state."
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