Illinois Loses More Jobs in 2011 Than Any other State

Illinois  lost more jobs for the first seven month of the than any other state. According to a report by the Illinois Policy Institute found based on US Bureau of Labor Statics in July Illinois 24,900 lost.  Since January the Land of Lincoln has lost 89,000.  The unemployment rate rose to 9.5%.

January 2011, Illinois passed the largest tax increase in state history. When Governor Pat Quinn signed the legislation  employers begged the Governor not to sign the bill for fears of job losses. Quinn sign the bill into law. Since then jobs have left the state.

Meanwhile Illinois neighbors Indiana, Ohio Wisconsin and Minnesota either cut taxes or no increase revenue.

What that means while it is not conclusive. The reports shows when taxes are  raised jobs are lost.

Will Springfield and other state capitols including Sacramento, Boston  and Annapolis will learn raising taxes has consequences.

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