Illinois business: Ken Griffin calls Illinois tax incentives a form of cronyism

“The last election cycle I called a local CEO to talk to him about supporting a pro-business candidate … ,” Griffin, a billionaire and Republican hedge fund manager, told the Economic Club of Chicago. “And I asked straightforward and simple, and he said, ‘No. No. I’m not going write a check. You see, if Illinois is not hospitable to my business. We’re just going to move.’

“And then I learned what the word ‘hospitable’ meant. For a few weeks later, it was announced that his company received tens of millions of dollars in tax incentives. His silence was bought and paid for,” Griffin said.

via Illinois business: Ken Griffin calls Illinois tax incentives a form of cronyism – chicagotribune.com.

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