"You can't love job creation but hate the job creators"

I don't know where I first read the line, "You can't love job creation, but hate job creators", but it should be placed next to the bumper sticker of every candidate running for political office.

It's stunning as to the number of candidates that run on the idea of "sticking it to 'big business'", while also stating "job creation is a priority".  These are mutually incompatible positions.  The majority of "anti-business" laws hit small businesses equally hard.  And, as small business is the largest job provider in the US, the "anti-business" rhetoric and legislation hits the "bread basket" of job creation.

So many of government's ill-conceived business laws, typically end up driving business (and job creation) away, while failing to accomplish the original intent of the goal.  A perfect case in point occurred here in Illinois. 

In the 2004, our "pro-job/anti-business" (do you see the silliness of that position?) governor decided to increase state revenues by increasing the licensing fees on commercial trucks, located in the state of Illinois.  He increased the fees by more than 35% and projected a huge windfall for the state.

In less than a year, the results were in.   Not only did the windfall not occur, but trucking firms left the state - in droves.  In fact, nearly 150,000 trucking jobs were shifted to other states to avoid the burden.  One trucking firm owner told me that his firm would have an additional $150,000 of licensing fees if they remained in Illinois.  They shifted their fleet to other states.  And the state of Illinois?  They actually saw the revenue stream decrease to an amount lower than what they had earned before the new fee increase went into effect.  Unbelievable.  But it didn't stop the Governor from proposing a whole new set of business fees the next year.

Lost revenue.....Lost jobs.....

"You can't love job creation, but hate job creators"

 

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