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Truly Right View » Government Waste » Caterpillar Threatens to Leave Ill. Over High Taxes

Caterpillar Threatens to Leave Ill. Over High Taxes

By Kurt Erickson, Pantagraph

The chairman and CEO of Peoria-based Caterpillar Inc. is raising the specter of moving the heavy equipment maker out of Illinois.

In a letter sent March 21 to Gov. Pat Quinn, Caterpillar chief executive officer Doug Oberhelman said officials in at least four other states have approached the company about relocating since Illinois raised its income tax in January.

 

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Caterpillar Threatens to Leave Ill. Over High Taxes

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