Daley criticizes tax increase, says businesses could leave Illinois
Chicago Mayor Richard Daley is criticizing Illinois Democrats for approving tax increases. The state legislature passed a bill raising the personal income tax and a tax on businesses. Daley says the governors from neighboring states, like Wisconsin and Indiana, could persuade businesses to relocate, costing Illinois jobs.
"Businesses don't have press conferences like this and announce they're moving 50 people out, 60 people out, 70 people," he said. "They're very smart. They just do it because they don't want the flack from you and the criticism."
Daley said the state needs to cut the budget to make the tax increases work.