Cloud Computing Tax Threatens Chicago’s Silicon Valley Ambitions – Bloomberg

A move to increase an unusual tax on cloud computing risks adding to a broader technology industry downturn to derail progress in the third-largest US city.
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mqyl
1 year ago

Apparently, Chicago pols don’t understand this death by a thousand cuts mentality of constantly creating or increasing taxes and fees incentivizes businesses to leave the city and dissuades other businesses from setting up shop there. To most of us with a decent financial skill level, this phenomenon is rather obvious.

Mark F
1 year ago

As Mayor Brando Johnson has proven time and again, “There is no patch for STUPID!”

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