Cook County Threatens 1,100 Layoffs After Soda Tax Delayed

Cook County Threatens 1,100 Layoffs After Soda Tax Delayed. Chicago the city that keeps on giving comedy gold.

This post was last modified on July 12, 2017

CO2Insanity: Tired of the CO2 BS and all the other BS in the US and the world.

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  • From my company, daily news update.

    "United was notified on July 11, 2017, that the income tax rate for Illinois residents would increase from 3.75 percent to 4.95 percent, retroactive to July 1, 2017."

  • As usual with Progressives and math, something doesn't add up. The tax would have to be $1.000 an ounce to pay for 1100 county employees, and it's not that high ...yet.

  • Philadelphia enacted a 1.5 cent per ounce soda tax and (shock) it's not raising the revenue that the spend-a-holics anticipated.

    "The city will lower its projections for beverage tax revenue this fiscal year, saying the tax will bring in less than had been anticipated.

    The 1.5-cent-per-ounce tax on sweetened beverages, in effect since January, has brought in $25.6 million, but will fall short of a projected $46.2 million for fiscal year 2017, which ends June 30."
    (from http://www.philly.com)

    Libtards are always surprised to find that taxes alter behavior.