Famous quote by Richard M. Daley

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So you keep raising these taxes, and all of a sudden the business community says, Why are we here? We can go someplace e
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"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.

About the Author

Richard M. Daley This quote is written / told by Richard M. Daley somewhere between April 24, 1942 and today. He was a famous Politician from USA. The author also have 30 other quotes.

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