If you tax they will run


Governor Pat Quinn (D-Ill) is now known as the most taxing governor in the United States. When he raised taxes on businesses this year surrounding states started luring businesses to their states, with a barrage of ads and publicity aimed into Illinois.

He had just signed into law a 6.25% sales tax for internet sales to Illinois residents and the most immediate effect it has had is that Amazon announced that it was dropping 9000 affiliates from Illinois so that Amazon does not have to collect the tax. What was he thinking? Experience in other states support that high taxation dampens business activity and result in less revenue. Even Governor Cuomo of New York proposes spending cuts instead of the standby Democrat habit of increasing taxes, to address the budget shortfall.

This follows the principle of “tax it and you’ll get less” and “subsidize and you’ll get more.”


One response »

  1. This only proves the age old definition of insanity. If you continue to do the same thing and expect different results you are by definition “CRAZY”

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s