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HA! I'm down the road from you in Plainfield with office in Burr Ridge. The taxes in IL are killing us - have to get out. Curious, why did you incorporate in
by emcrazyone 11y ago
HA! I'm down the road from you in Plainfield with office in Burr Ridge. The taxes in IL are killing us - have to get out. Curious, why did you incorporate in IL? I'm based out of Michigan but expanded to IL last year. However, the tax base is so high I'm looking for alternatives like office in Indiana. Just curious....
- brianwawok 11y agoIndiana is great, short drive to Chicago :) Though my actual income tax did not change a bunch, lower state income tax but then I have a local income tax of 2%.
- benblair 11y agoHa, yea. The Chicago region has a lot going for it but there are a few things that are really painful. Cloud tax? Brilliant Idea! Despite that, taxes and the like are modestly-sized constants. They haven't stopped businesses from growing exponentially here and I don't think they're a reason (alone) to relocate. Though there will certainly be edge cases where they add enough friction to prevent positive feedback loops from kicking in. For Catalytic, we'll live or die based on whether we can quickly find the right colleagues and customers. This region has a lot of both. And there are some very real advantages to starting here (big fish in a little pond, etc) vs SF.