Monday, October 7, 2013

Exodus of Illinois' Citizens

The Exodus of Illinois' Citizens

"United Van Lines is one of the largest moving companies in the United States.  Each year since 1978, it has reported its annual migration study, which tracks the share of outbound moves in interstate shipments for the entire 48 continental United States.

For Illinois, the share of outbound moves in total shipments has consistently been above 50 percent, meaning more households are moving out of state than into the state. Since 2006, that outbound shipments percentage has trended higher, and in 2011, Illinois "led" the nation on this metric, ranking as the No. 1 state. It slipped to No. 2 in 2012, barely trailing New Jersey (coincidentally, another state with pressing government fiscal strains).

The accelerating out-migration from Illinois isn’t just a Midwest-to-Sunbelt issue.  For example, chart here shows how Indiana has seen significant improvement since 2009 – in part as out-migration from Illinois has included moves to Indiana."



THIS IS NOTHING NEW... SEE THE DISTURBING TREND OVER THE PAST FEW YEARS:

In 2011 it was reported: "Here’s what former Mayor of Chicago, Richard Daley said about politicians, like former Rep. Jack McGuire and current Rep. Larry Walsh Jr. [that taxing our Illinois citizens with additional taxes like the historic 67% tax increase]:  “They think the taxpayers of Illinois have a lot of money.  People don’t mind the tax increase if they cut out the waste and inefficiencies. Businesses don't have press conferences like this and announce they're moving 50 people out, 60 people out, 70 people.”  Even Governor Mitch Daniels of Indiana had something to say on this matter, “If you want to bring new jobs to your state the last thing you do is make it more expensive to hire people.”"

Again in 2011/2012 it was reported: The past 10 years the State of Illinois has seen an exodus of citizens to the tune of 1 person leaving every 8 minutes, to then tack on a historic 67% tax increase on the remaining citizens, in the middle of a 13% unemployment crisis, does not make for a “spending” general public - no jobs, no money, no economy.  The news magazine “theweek.com” published an article on January 22, 2011, entitled “why should the people of the State of Illinois suffer for the government's stupidity?  But that is exactly what is happening to our citizens and business community.  The citizens are feeling the effects of the McGuire/Walsh_Jr. economy and are “staying in” to save money, save their homes and feed their families."

The Illinois Policy Institute Reported:
"The problemIllinois residents are fleeing the state. When people leave, they take their purchasing power, entrepreneurial activity and taxable income with them. For more than 15 years, residents have left Illinois at a rate of one person every 10 minutes.

Recent data from the Internal Revenue Service shows that, in 2009, Illinois netted a loss of people to 43 states, including each of its neighbors – Wisconsin, Indiana, Missouri, Kentucky and Iowa. Over the course of the entire year, the state saw a net of 40,000 people leave Illinois for another state.

The data reflects a continuation of a trend of out-migration from Illinois that has lasted more than a decade. Between 1995 and 2009, the state lost on a net basis more than 806,000 people to out-migration.

When people leave, they take their income and their talent with them. In 2009 alone, Illinois lost residents who took with them a net of $1.5 billion in taxable income. From 1995 to 2009, Illinois lost out on a net of $26 billion in taxable income to out-migration."

The fact is, that, Illinois citizens are feeling the effects of failed economic policies of politicians, like former Rep. Jack McGuire and Larry Walsh Jr., and, have and are fleeing the state.  Leaving you stuck with Illinois' bills and taxes.  You deserve better!