Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
This is a consumer tax not a true tax on cpu and data storage in the cloud. If the city wanted to it can tax that which would literally generate billions In revenue per year. Then you would see business scream! Amazon web services, Microsoft AZURE or Google clod services tax would be huge. Companies run many systems there now rather than investing in their own expensive data center build outs.
Of course every business would leave Chicago, but for a while it would generate 10’s of billions in revenue if you taxed every byte of data egress.