Just plain old common sense from a business man who’s been around awhile. The same advice he is giving to companies considering Illinois could also apply to private individuals.
nixit
7 years ago
So many prime Buffet quotes in this article:
““If I were relocating into some state that had a huge unfunded pension plan, I am walking into liabilities,”
“who knows whether they’re gonna get it from the corporate income tax or my employees “that liability isn’t gonna — you can’t ship it offshore or anything like that. ”
“‘Why do I wanna build a plant there that has to sit there for 30 or 40 years? ‘Cause I’ll be here for the life of the pension plan and they will come after corporations, they’ll come after individuals. “
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Just plain old common sense from a business man who’s been around awhile. The same advice he is giving to companies considering Illinois could also apply to private individuals.
So many prime Buffet quotes in this article:
““If I were relocating into some state that had a huge unfunded pension plan, I am walking into liabilities,”
“who knows whether they’re gonna get it from the corporate income tax or my employees “that liability isn’t gonna — you can’t ship it offshore or anything like that. ”
“‘Why do I wanna build a plant there that has to sit there for 30 or 40 years? ‘Cause I’ll be here for the life of the pension plan and they will come after corporations, they’ll come after individuals. “