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A tax relief package of $100M/year for the CME, CBOE and Sears (SHLD) that will prevent them...

A tax relief package of $100M/year for the CME, CBOE and Sears (SHLD) that will prevent them from leaving Illinois has been agreed to by top lawmakers in Springfield. The law still has to be approved by a full state House and Senate that rejected a previous measure.
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Comments (9)
  • DVW
    , contributor
    Comments (157) | Send Message
    Hmmm, are big companies starting to understand that doing business in IL requires dealing with corruption? If I were them, I'd move somewhere more business friendly than Chicago. They may have gotten a deal, but their employees still have to face high taxes and a low standard of living compared to other cities of that size.
    9 Dec 2011, 07:58 AM Reply Like
  • winnersdon'tquit
    , contributor
    Comments (211) | Send Message
    Provoke,... pacify... and profit.
    How could we accomplish anything without the political system and the lobbyists?
    That's the way government works,...everywhere.
    9 Dec 2011, 08:05 AM Reply Like
  • davidbdc
    , contributor
    Comments (3186) | Send Message
    What total BS. So the large companies (ie those that can give large contributions to politicians) will pay lower taxes than the small businesses they compete against. How exactly is this capitalism?


    I could probably write about 5 pages about this nonsense but the sheer volume of this type of "news" is simply too depressing. Everywhere we turn its more of the same government corruption and stupidity.
    9 Dec 2011, 08:07 AM Reply Like
  • rkonstanty
    , contributor
    Comments (12) | Send Message
    David.....companies have threatened to leave because the Illinos Democrats shoved a large tax increase up these companies ass. People seem to forget that. Gov Quinn is realizing how stupid this was (especially since most of the incr will go to pensions) and is trying to appease some of these companies.
    9 Dec 2011, 08:38 AM Reply Like
  • davidbdc
    , contributor
    Comments (3186) | Send Message
    He's appeasing those whom pay!


    Contribute and get lower taxes.


    It creates crony capitalism (even though lets face it we are well beyond that point in the larger scheme of things).


    And its flat wrong. Why should the 10 man firm have to pay more in taxes than the 50,000 man firm? Now there might be some actual good reason, but "because they pay off the politicians" isn't one of them!!!
    9 Dec 2011, 09:13 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
    Where does the little guy sign up for his tax
    9 Dec 2011, 08:48 AM Reply Like
  • JohnBinTN
    , contributor
    Comments (4114) | Send Message
    In a different state.
    9 Dec 2011, 08:50 AM Reply Like
  • bdarken
    , contributor
    Comments (495) | Send Message
    Roger that! The conservative govs in neighboring Indiana, Tennessee and nearby Ohio would love to welcome the CME with lower taxes, less political nonsense and a better quality of life for their employees.
    10 Dec 2011, 06:05 PM Reply Like
    , contributor
    Comments (10706) | Send Message
    CME = "Criminal Manipulating Enterprise"


    These guys should be broken up not encouraged to survive.
    9 Dec 2011, 09:20 AM Reply Like
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