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On paper, this logically follows from the tax regs Chicago already has on the books. They have an "Amusement Tax" (Orwell couldn't have named this better himsel
by TrevorJ 11y ago
On paper, this logically follows from the tax regs Chicago already has on the books. They have an "Amusement Tax" (Orwell couldn't have named this better himself) which applies to co's that sell tickets to shows, etc.
From my understanding what this new rule does is to no longer exclude cloud providers from this tax.
Be that as it may, this makes Chicago seem insanely tone deaf and outdated in their response to the changing times. My perception is, there's already a brain drain in Chicago in terms of young, technically minded talent. Crap like this certainly doesn't make Chicago seem more appealing tech savvy people who are considering a move.
One might argue that on paper the money involved for an individual won't be that much, which is sort of true but the bigger issue is perception. This makes Chicago seem like a greedy money grubbing place that's gonna nickel and dime you any change they can get.
- gyc 11y ago>One might argue that on paper the money involved for an individual won't be that much, which is sort of true but the bigger issue is perception. This makes Chicago seem like a greedy money grubbing place that's gonna nickel and dime you any change they can get. That perception certainly hasn't hurt San Francisco.
- nugget 11y agoThe Bay Area can get away with way more than any other place because of its concentration of tech company hq's and the associated valuation and m&a premiums. Other cities have to compete on a much more level playing field.
- TrevorJ 11y agoThere's a whole lot that people are willing to put up with the live in a place that's perceived to be the "mecca" of this or that.
- ajross 11y agoSF has a tax base that other cities can only dream about though.
- deleted 11y ago[deleted]
- frandroid 11y ago> They have an "Amusement Tax" (Orwell couldn't have named this better himself) There's nothing Orwellian going on here.
- joezydeco 11y agoHere's Chicago's CATV franchise agreement with RCN Cable: http://www.buskegroup.com/Chicago_Franchise_Agreement_(RCN_2012).pdf http://www.buskegroup.com/Chicago_Franchise_Agreement_(RCN_2... The City gets 5% of RCN's gross revenue as a franchisee fee. It seems they're very responsive to the changing times by realizing that cashflow will be disappearing faster and faster as people cut the cable.