Thursday, October 1, 2015

Creative New Taxes Promoted By Defenders of the Greater Good

More than 1,000 small- and medium-sized businesses are mobilizing to block a proposed penny-an-ounce “fat tax” on sugary soft drinks they claim would kill jobs and do nothing to curb obesity. The public sector, which includes large cities, are desperate to maintain the scope of their influence will find creative ways to raise taxes in the name of good as public coffers contract with the transition from prosperity to liquidation in 2016.

Headline: Regressive beverage tax would splash Chicago's small businesses

The Illinois Hispanic Chamber of Commerce is the largest association of Hispanic business owners in Illinois. IHCC represents thousands of businesses that collectively employ more than 50,000 Chicago residents. The chamber strongly opposes a proposed beverage tax under consideration by Chicago's City Council because it would hurt small businesses and families by dramatically increasing costs for soda, sports drinks, teas and other everyday grocery items.



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