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Politics : Bill Clinton Scandal - SANITY CHECK

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To: Lizzie Tudor who wrote (1530)9/4/1998 11:31:00 AM
From: MulhollandDrive  Read Replies (1) of 67261
 
>>First of all, with regards to locale etc, companies cant just move out of town and continue to do business as usual.<<

Companies can and do just that. I live in a suburb of St. Louis, and I can tell you that the laundry list of companies that have pulled up stakes and left the city because of regressive, onerous taxation is quite stunning. The population is fleeing and the only way they can keep city employees from the administration to the school board on down is to make it a requirement that those employees live within the city limits. There has been a wholesale exodus of new industry and the only enterprise that remains are the older factories (such as Anheuser Busch) that find it is still profitable to use existing facilities than build new. But I can assure even those "stalwarts" are not expanding in the area. Business migrates to areas that where the political leaders are willing to enact tax policies that do not discourage growth. It's that simple. bp
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