Why Chicago Loves Portland Mayor Daley has his eye on jobs from high-tax Oregon. :bananadance::bananadance::bananadance: http://www.suntimes.com/news/cityhall/2017137,mayor-daley-trade-shows-012810.article Daley wants to raid Pacific Northwest talent Chicago has been playing defense lately because of the exodus of trade shows at McCormick Place. But it looks like Mayor Daley is preparing to make the switch to offense. Daley said Thursday hes coming after businesses in the Pacific Northwest, emboldened by what he considers Oregons head-scratching decision to approve higher taxes on big corporations and big wage-earners. What happened in Oregon is not good news for Oregon. They believe that anybody who makes $125,000 or more [annually] or businesses or anyone who makes $250,000 theyre gonna start taxing them. They call them rich people, the mayor said. Ive always thought America stands for [rewarding success]. You finish high school. You work hard, go to college and you hope to succeed in life. I never knew its a class warthat those who succeed in life are the ones that have to bear all the burden. I never realized that. It will be a whole change in America that those who succeed and work hard [that] were gonna tax em more than anyone else. Daley said Oregons tax blunder spells opportunity for Chicago. It will help our economic development immediately. Youd better believe it. Well be out in Oregon enticing corporations to relocate to Chicago. Ill be very frank. I make no bones about that. If those states want to do that, so be it, he said. Earlier this week, Oregon voters endorsed the idea of establishing a new and higher tax bracket of 10.8 percent for individuals earning more than $125,000 and families with annual incomes above $250,000. A tax rate of 11 percent would apply to a household income that tops $500,000-a-year. Yet another increase would target Oregon corporations. A $10 minimum tax would be replaced by a sliding scale that ranges from $150-to-$100,000, depending on annual revenue. And the tax rate for corporate income above $250,000 would rise to 7.9 percent. The tax rate for income below $250,000 would be 6.6 percent. Its not the first time Daley has hammered those who target successful businesses for higher taxes. In 2007, he accused then-Gov. Rod Blagojevich of playing with fire by using anti-business rhetoric to sell his ill-fated gross receipts tax. Business people are not fat cats, the mayor said at the time, lecturing Blagojevich. To describe every major CEO in Illinois as fat cats is a mistake. . . . They don't have to be here. They can go to Wisconsin. They can go Indiana. They can go to India. They can go to China. So if you want to beat up businesses, go beat them up and when they leave, just wave to them, and they're going to wave back to you.