Tag: Tax
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Illinois Never Met a Tax it Didn’t Like: Sneakers? Really?
The cost of a new pair of basketball shoes could jump by 25 cents under a proposal floated this week by an Illinois lawmaker. State Rep. Will Davis, D-Hazel Crest, wants to create a new tax that would generate an estimated $3 million annually for a youth job preparation program. He said the added cost…
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Gotta Love American Ingenuity (& Tax Avoidance)
So I’m reading two stories (here and here) about a new law that will effectively outlaw Roll-Your-Own tobacco stores. It’s something I kinda follow because I always thought it was a decent business model (until the government outlaws your business) and another fine example of what steps people will go through to avoid taxes. In…