Baltimore Tax Increase Costs 75 Their Jobs

The city council in Baltimore recently passed a two-cent per container tax on beverages, attempting to balance the city budget.

Pepsi has responded by shutting down production at the Baltimore plant, putting 75 people out of work.

Grocers have reported this month that sales are down in the city because nearby counties do not have the tax.

This is just a small example of what happens when governments raise taxes on businesses to make up for outrageous spending by the government.  More harm is always the result.

More here:  http://baltimore.cbslocal.com/2011/01/10/baltimores-pepsi-plant-will-stop-making-soda/

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