Chicago’s “Tax Everything” Philosophy Is Great Business For Indiana

Chicago Mayor Rahm Emanuel got his job riding the coattails of the Obama popularity train. Now after several years of being Mayor and implementing the economic philosophy of progressivism, Indiana reaps the rewards.

The Founders always wanted states and local municipalities to have their own way of governance with a very small role from the federal side. While this notion is disappearing, it still is happening with Indiana and Illinois being a great case study. Illinois is in massive debt state-wide with Chicago being REALLY financially in debt. The city continues to drive people out with regulations and high taxes. Progressives in Indiana may fawn over the philosophy of higher taxes and massive regulation. In practice, they are not moving to Chicago and staying safely within the confines of the “evil” conservative state of Indiana. Throughout the last decade, Indiana has seen a migration of Illinois transplants whether it be individual or business. Especially from Chicago. I’m not making fun of Chicago or Illinois. They are big boys/girls and have chosen their political path. I’m just pointing out the stark economic reality between two states who share a border.

Here’s a prime example of Indiana being rewarded from failed economic tax decisions. Cook County(Chicago) is raising taxes on soda:

For those addicted to sweetened beverages, the penny-per-ounce tax means a 24-pack of 12-ounce cans will cost an additional $2.88.

Retailers in Indiana already are promoting the savings. Strack & Van Til, the Region’s largest locally owned grocery store chain, last week sent advertisements that target Illinois residents. One advertisement reads “Short Drive. Big Savings. Shop Our Indiana Locations and Skip the Sweetened Beverage Tax.” The ad lists how much people would save on various pop items. “We hope the bordering stores will see an increase in business,” said Michael Tyson, chief marketing officer for Strack & Van Til.

Dan Olmos had placed a dozen or so chilled Pepsi products in a container of ice water Wednesday afternoon at his hot dog stand in Lansing, where he sells drinks, chips and Vienna Beef hot dogs. The small business owner said he buys the soda through a Chicago-area distributor, Restaurant Depot. With the new tax going into effect soon, he said he’ll have to research the logistics of buying from a distributor in Indiana, and if that move could help his bottom line. 

 

 

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