N.J. Gov. In Illinois To Lure Businesses

CHICAGO (CBS) — New Jersey Gov. Chris Christie is in Chicago Friday, meeting with Illinois business leaders in hopes of luring them to his state.

The Republican governor is trying to woo businesses now that Illinois has raised taxes to deal with its budget deficit. He is sitting down with the business leaders in a private, closed-door meeting.

LISTEN: Newsradio 780’s Political Editor Craig Dellimore Reports

Christie has recently launched an ad campaign encouraging businesses in Illinois to move to his state.

“Don’t let Illinois balance its budget on the back of your business. Choose New Jersey. We mean business,” Christie says in the radio ad. “Oh, and one more thing. As long as I’m governor, I will not raise your taxes.”

Last month, Gov. Pat Quinn and Illinois legislators approved a measure to raise personal income taxes to 5 percent from 3 percent, and corporate business taxes to 9.5 percent from 7.3 percent.

That makes Illinois’ business tax rate higher than New Jersey’s 9 percent for businesses with incomes over $100,000. But its personal income tax rate remains lower: New Jersey’s rate is 6.37 percent for couples earning more than $150,000 a year and 8.7 percent for those earning more than $500,000 a year.

After Christie made his push to lure Illinois businesses, Quinn said he was not concerned by the threat, and took a shot at Christie after the ad campaign began.

“I don’t know why anybody would listen to him,” Quinn said last month of Christie. “New Jersey’s way of balancing the budget is not to pay their pension payment, not to deliver on property tax relief that was promised, to fire teachers, to take an infrastructure project — building a tunnel that had already been started — and end it and have to pay money back to the federal government. I don’t need that kind of advice from that guy.”

Christie campaigned last year for Quinn’s Republican challenger, Bill Brady.

(TM and © Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS Radio and EYE Logo TM and Copyright 2010 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed. The Associated Press contributed to this report.)

  • Chicago resident

    How much NJ Taxpayer $$$ has Christie spent on tv, radio ads and now this trip to Illinois?

    • Berenice

      Bet he’ll get it back in taxes from the new businesses moving in from over taxed states like ours.

  • Berenice

    Hear that sucking sound like something going down the drain Governor Quinn? That is the sound of businesses leaving Illinois. Thanks for that nice tax hike. If they aren’t moving across the border then they will move farther if necessary to avoid your brilliant plan to bring more money to Illinois coffers.

  • Bob

    Go back to New Jersey and clean up organized crime and clean up two of the country’s most poverty-stricken and crime ridden towns. I’m sure the taxpaying people of Illinois appreciate you’re meddling. JUST GO HOME and mind your own business!


    This guy is a voulcher! he caused his state of NJ 600 thousnad jobs, by stopping the tunnel that was already started to be shut down.
    But the good news is that the obama administration made him give the 275 thousand dollars back to the govement, because it was stimulus money he recieved that he was suppose to use for infurstucture, he had to pay it back to the goverment by the 24th of dec 2010,. So glad to see obama taking this money back from the states that are refusing to use it as it was intended to be used for.
    HOPEFULLY the people in NJ will see what this guy is really all about, and NOT RE-ELECT HIM for a seciond term when the time comes. ALSO THIS TRIP TO CHICAGO, how much is it costing the taxpayers of his state to try to pull a stunt like this? TALK ABOUT WASTING MONEY!!1

    • Cobra

      Clueless. How many Google searches did it take for you to come up with that tirade, Brenda? Christie is saving NJ from financial ruin – and he’s creating jobs by luring business to his state. The benefits of bringing home new business vastly outweighs the meager expense of a trip to Illinois, and if Chris has his way, NJ is going to be economically healthier than we are. Quinn is spending our state into a hole AND is refusing to effectively address the budget deficit by cutting spending. Now, who’s wasting money again?

  • I WISH....................

    Christie was the gov. of IL.!!!!! We can only hope that he will change his mind and make a run for president. All you naysayers are misinformed fools, PERIOD!!! For all you democratic supporters that put Quinn & Obama in office a BIG FAH-Q !!!!!!

  • Otto

    Let’s cut off our noses to spite our face and allow jobs to be shipped to New Jersey. What a great message that will be for Quinn et al. Of course we’ll cause further financial woes to “Get Quinn the message” But what the heck, why not bankrupt the state further. Why not hunker down and try to work out of our own mess? It’s cute to be clever and play games, but every job lost to New Jersey or anywhere else is another nail in our coffin. Let’d get real.

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