Cloud Computing Tax Poses Risks to Chicago's Tech Growth

Reported 2 days ago

Chicago aims to become a leading tech hub, boosted by significant investments and record startup funding. However, a proposed increase in the cloud computing tax could hinder this progress amid an economic downturn and growing criticism from business leaders. The tax could create a competitive disadvantage, driving companies away and ultimately harming the city’s technology sector, which has already seen declines in its workforce.

Source: YAHOO

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