Quote:
Originally Posted by bill sins
This fool blames Chicago's ills on lack of companies paying their share of taxes. Someone should tell him there are few companies remaining to pay any taxes.
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Funny, not funny, you should mention that. I was just reading an article titled:
UH OH: Small Business Bankruptcies Surpass COVID-Era Highs which talks about the sharp rise in small and medium business going tits-up recently.
There is another article out and about regarding GM exceeding their lay-off, errr...uhm... I mean buy-out, goal by getting 5,000 "volunteers" to take the buy-out package (handwriting on the wall) . In the article they mention 1) EV cars have less parts and require less people to build and 2) GM has gone from 600,00 to 60,000 over the last few years. This impacts Chitcago and Illinois as there are many feeder manufacturing sites that supply GM with pieces and parts - who use to pay those taxes.
Never have figured out why Progresses have not considered spending less instead of raising taxes. Is it just a Commie thing?