"So you keep raising these taxes, and all of a sudden the business community says, 'Why are we here? We can go someplace else and use their phones.' That's one of the problems that directly affects the business community"
- Richard M. Daley
About this Quote
This quote by Richard M. Daley is describing the consequences of raising taxes. When taxes are raised, services might feel that they are being unfairly targeted and might pick to relocate to a different area with lower taxes. This can have a direct effect on business community, as businesses might leave the location and take their tasks and financial investments with them. This can lead to a decrease in economic activity and a reduction in tax income for the location. Daley is alerting that raising taxes excessive can have a negative result on the business community and the regional economy.
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