Quote:
Originally Posted by davestlouis
STL has been losing corporate headquarters for 20+ years...7up moved to TX in the 80's and it's been all down hill since then. Even the Wachovia takeover of AG Edwards has been a mess, with lawsuits and layoffs and all sorts of messy goings-on.
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Hartford, and CT as a whole, is in much the same position. I don't know about STL, but here the political brain (drain) trust's solution is to raise corporate taxes to make up for those lost to the south and west.
Lets tax an already heavily taxed business base (at or near the top of the lists) some more. That should do wonders for retention and even more for attraction.
Then they wonder why corporations are leaving.
It's a self-fulfilling prophecy and a microcosm of the business climate in the U.S. It's not how can we make it easier for you to stay here and compete on a federal or global level, it's how dare you have the audacity to leave in pursuit of your best interests.
CT won't wake up until UTC (Pratt, Sikorsky) Electric Boat/General Dynamics decide they've had enough of the state's B.S. and relocate. I'd add Phizer to that list except they recently built and expanded their Groton location, but who knows.