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About 200,000 jobs will be destroyed in illinois in accordance with some economists, the effect is clear and logical...The mayor of Chicago said it too.Deny is useless
About 200,000 jobs will be destroyed in illinois in accordance with some economists, the effect is clear and logical...The mayor of Chicago said it too.Deny is useless
yeah yeah and i'm sure you can find plenty of economics who are being optimistic about all this. let's not speculate anything for now. like i said, if a business closes, another one shall open up since the competition has left...
You know I hate to be the one to say it, but they're going for a short term goal with this. To reduce state debt by over taxing, while they think that will be beneficial but it will make the area very unattractive to new comers or possible new residents, which is the immediate concern first and foremost. Illinois is kind of putting nails into its own coffin, and this is seriously gearing Indiana and making it easier for them to step up their game, which they've already been doing all of last decade.
Indianapolis, is probably going to become a new "Boom" face for the Midwest's big cities. And it's got a very promising start up. Indianapolis already has the bones to become the next big logistical hub, surpassing everything due to the location. For trucking (land), air cargo (airport), & rail it's already got the infrastructure to make it happen. Much more like a Chicago Lite in many regards, if it makes use of that, its kind of lights out to any regional competition trying to go against Indianapolis.
Chicago's Mayor Daley himself said that hundreds of thousands of jobs will be lost, and there is no greater cheerleader for Chicago than Mayor Daley.
So I think it's pretty much guaranteed that there will be significant job losses. The extent of those losses can (of course) be debated, but there is no real arguing that this will be a severe body blow for Chicago and Illinois.
Chicago's Mayor Daley himself said that hundreds of thousands of jobs will be lost, and there is no greater cheerleader for Chicago than Mayor Daley.
So I think it's pretty much guaranteed that there will be significant job losses. The extent of those losses can (of course) be debated, but there is no real arguing that this will be a severe body blow for Chicago and Illinois.
Ohio already posted the same thing like 5 times in this and the other thread.
He just repeats himself over and over even after people have countered him.
I wonder how many infractions ohio/dementor has gotten.
About 200,000 jobs will be destroyed in illinois in accordance with some economists, the effect is clear and logical...The mayor of Chicago said it too.Deny is useless
People have said that, but every single time a political expert or someone who's actually in that field speaks up, they always start with "well - it's not exactly that easy, and it's highly unlikely that the tax increase will actively effect much in the real world".
Mostly it boils down to the fact that Illinois went from the cheapest income/corp taxes in the midwest to more middle of the road. You aren't going to see people flocking to Wisconsin because corp income taxes are 7.9% instead of 9.5%. Maybe if it was like 1% or 2%. Regardless - a vast majority of companies actually don't pay the tax anyway for multiple reasons. Likewise I don't know who's going to move to Wisonsin or Indiana because of the income tax hike - those states will still be higher than Illinois.
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/sarcasm
