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Old 02-01-2010, 08:00 AM
 
Location: Lake Arlington Heights, IL
5,479 posts, read 12,263,285 times
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Quote:
Originally Posted by gardener34 View Post
Speaking of which, did you hear Cabela's in Hoffman Estates is closing their second floor?! Yep - the county taxes are so high, and they charge per used retail space. Yikes - their taxes were going to be a million a year. They halved them by closing the upstairs I am hearing.
It was SUCH a bad move to build that beautiful store in Cook county.
Thought I read a recent study that Illinois is ranked something like 48 (3 from last)for business friendly climate. Combine the 10% tax rate from Todd the Mod-Mr Stroger (& please remember to vote tomorrow for his removal!) and the local governments being cash strapped and being too short sighted to offer a tax break and you will possibly & unfortunately have a building sitting empty paying no local taxes and more added to the unemployment statistics.
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