Posted on: September 4th, 2015
The sweet smell of success won’t waft through Deerfield, Illinois, much longer. Mondelez International, maker of beloved cookie brands Chips Ahoy and Oreo, recently announced plans to lay off 600 workers at its Illinois headquarters. Plus, Mondelez is shutting down nine manufacturing lines on Chicago’s South Side and spending $130 million to install new lines in Salinas, Mexico. This, of course, is just the latest in a long line of blows dealt to Illinois. Thanks to years of unwise fiscal decisions and short-sighted tax increases, people (and their incomes) leave the state in droves.