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.
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!”
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
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.
As Mayor Brando Johnson has proven time and again, “There is no patch for STUPID!”