Friday, July 29, 2011

Proof That High Taxes Cost Jobs

Food Stamps Have Replaced Depression Era Soup Kitchens

Chicago Tribune Reports:

"Our tax situation is untenable," Donohue told Reuters, noting that CME is taxed more heavily than any of its global competitors. The company is talking with at least three states -- Texas, Florida and Tennessee -- about relocating some of its business to take advantage of lower tax rates there, Donohue said.

High taxes cost jobs and low taxes foster growth.  That is how things work in the real world.,0,6322503.story

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