Mpls. medical company may bolt for Wisconsin

  • Article by: THOMAS LEE , Star Tribune
  • Updated: May 5, 2009 - 9:33 PM

VitalMedix, a start-up medical company born of U of M research, might relocate in the Badger State for lack of investors in Minnesota.

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  • Comments

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akmscottMay. 5, 09 7:55 PM

Run like the devils after you!The Minnesota Dem's will tax you into non-existance otherwise!

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bh1963May. 5, 09 7:57 PM

This company won't be the first to leave because of the anti-business philosophy of the DFL-led legislature!

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mnhusker4May. 5, 09 8:03 PM

Democrats are chasing all the good businesses out of MN. I've been telling all of you that democrats want to turn Minneapolis/St Paul into a cold Detroit and this is more proof. We need to vote out all democrats if we want to save this state.

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Average_JoeMay. 5, 09 8:06 PM

...cutting it.

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verdin11May. 5, 09 8:12 PM

Travelers Insurance moves it's headquarters from St. Paul to New York (and not for tax purposes) and we don't hear a peep from T-Paw. He seems to have plenty of time to parade himself around national news studios but you seldom hear him really fighting for the interests of Minnesota. Wisconsin, with a larger population yet half the number of Fortune 5oo companies of Minnesota, has always struggled to develop new businesses so it's not surprising to see it whoring around for anything it can possibly grab.

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i4adodgeMay. 5, 09 8:16 PM

@Average_Joe: Just remember, you'll have to pay it back next April.

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wickeywackeyMay. 5, 09 8:19 PM

.. that actually help pay for the U of MN and its research, the same U of MN that elicits yearly whines from Republicans. Gee, why didn't TCF's Bill Cooper drop a million out of his sweet stadium deal? LOL

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BudweisercsMay. 5, 09 8:21 PM

Who would have thought? 4 years and 5 months I will be leaving with my riches also. I know, I know...don't let the door hit me in the ars when I leave. It is just little ol me 60-70K less for the state every year. I wonder how many baby boomers that will be retiring in the next 10 years like me, will move to a more tax friendly state? Hundreds, maybe thousands? It would be a much different story if we were not surrounded by competition bleeding us of revenue. Logic would tell you to lower your overhead, operate with a slimmer profit, and reduce your prices to match or even better, beat the competition!

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corkuleseMay. 5, 09 8:39 PM

I'm with you...I can't wait to get the heck out of this state and take my retirement $$$$ with me. Like you said, wingnuts are thinking "don't let the door hit you in the arse". I don't care. I have to preserve the money I've earned. I need to find a tax friendly state. The Black Hills of South Dakota are very nice.

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regen12May. 5, 09 8:40 PM

graph.

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