Jimmy John's Founder: Taxes May Force Florida Move

By: AP
By: AP

CHAMPAIGN, Ill. (AP) --

The founder of Jimmy John's sandwich shops says he's considering moving his company's headquarters from Champaign to Florida because of Illinois' new tax increase.

Jimmy John Liautaud told The (Champaign) News-Gazette on Tuesday that he's gathering information on a potential move and will ask the company's board to decide.

Liautaud says he could absorb the increased costs but doesn't
believe he should have to.

Governor Pat Quinn signed the income tax increase last week to
help address billions of dollars in state budget shortfalls. The
corporate tax rate increased from 4.8 to 7 percent.

Jimmy John's headquarters employs 100 people in Champaign. The
privately held chain has more than 1,000 sandwich shops around the
country.

Liautaud says he recently moved his family to Florida from
Champaign.


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Comments are posted from viewers like you and do not always reflect the views of this station.
  • by Docker Location: Tallahassee on Jan 20, 2011 at 05:07 AM
    I just hope that they're not being lured to Fla. with the promise of tax free real estate.If so,we will all be on the hook for higher property tax.
  • by Anonymous on Jan 19, 2011 at 04:42 PM
    Billo. It's not Scott. It's Bush's fault.
  • by Jonathan Swift Location: Florida on Jan 19, 2011 at 03:12 PM
    Swell! Just the kind of employer Floridians really need: Service jobs, with low wages and non-existent benefits. Crooked franchise owners, too (according to the National Labor Relations Board). Even though the franchise owners were found guilty, Jimmy John's has done nothing to punish the offenders, much less revoke the franchise from these criminals. What a company! Thanks to the "useful idiots" who voted for our crooked governor, Jimmy John's corporate headquarters will feel right at home here in Florida.
  • by Jo-Jo Location: FSU on Jan 19, 2011 at 03:07 PM
    Bring it to Florida! We love Jimmy Johns here!
  • by that's an obama supporter Location: America on Jan 19, 2011 at 02:38 PM
    "historically led republican congress and senate"???? No comment.
  • by Billo Location: tally on Jan 19, 2011 at 02:00 PM
    Look, Scott is already creating jobs. :-)
  • by Tom Location: Tallahassee, FL. on Jan 19, 2011 at 01:56 PM
    Make that move down South, buddy! We like good food down here!
  • by just sayin Location: tally on Jan 19, 2011 at 01:25 PM
    Bring it on! Just leave the money sucking, economy destroying liberals there.
  • by Anonymous on Jan 19, 2011 at 01:25 PM
    See. By lowering taxes it enables businesses to grow or in this case move. If they move to Florida it will create jobs which means more taxpayers which means less tax rate, but more tax revenue. See DEMS, Trickle-Down works.
  • by john Location: tally on Jan 19, 2011 at 12:55 PM
    RE:Posted by: tom Location: madison on Jan 19, 2011 at 02:59 PM "Obama comes from Illinois doesn't he? Take everyones money that they work hard for and earn, and just take it with the stroke of a pen. Now I see where Obama gets nit from...." I am receiving more income under 2011 taxes and I don't think Obama can take our money with a stroke of the pen. It requires the historically republican lead congress and senate to get anything done. Oh yea and all of this must be constitutional or the judiciary get involved. Learn a little about government Tom in Madison.
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