INCENTIVES, HOW DO THEY WORK?

Hang on… Chicago wants to attract more tourists. It has created a marketing campaign to do that; and, in order to fund it, the city is… making it more expensive to stay in Chicago by raising taxes on hotel rooms? Do I have that right? https://t.co/GJk9aa36bc

— Rafael A. Mangual (@Rafa_Mangual) March 24, 2026

Reagan’s old adage needs updating for today’s Democrats: “If it moves, tax it. If it keeps moving, tax it some more. If it stops moving, levy a death tax.”