Monday, January 10, 2011

Baltimore Pepsi Plant to Close -- The Cost of Higher Taxes

Baltimore is closing it's Pepsi Plant in the Hampden section of Baltimore City. Pepsi cites Baltimore's decision to impose a two cent per bottle tax as part of the reason for leaving the plant whose sign on the eastern side of the Jones Falls Expressway has become a Baltimore landmark (often used to mark traffic backups on the JFX). More than 70 workers will become jobless.

This is a hard lesson the Democratic party which exists in its purest form in Maryland refuses to recognize. Their hostility toward business and tax-happy big spending ways directly cause economic harm. There are sandwich shops and other businesses which feed off of Pepsi workers that will be affected too. The loss of a job magnet costs far more than the loss of jobs at the facility itself. The real nature of Baltimore once again shows its ugly face.

Reference: http://www.wbal.com/absolutenm/templates/story.aspx?articleid=65460&zoneid=3

Meanwhile, Ann Arundel County should be forewarned it had better not consider following the mistakes of Baltimore City for the Coca-Cola plant was a huge triumph when attracted to the new MD-100 corridor that opened in the late 90's through Dorsey, Maryland.



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