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CME Threatens to Skip Town Over Illinois Tax Hike
Fox Business ^ | 7/9/20011 | Matt Egan

Posted on 06/09/2011 11:10:17 AM PDT by scooby321

Miffed by its more expensive Illinois tax bill, the CME Group (CME: 266.12, +3.88, +1.48%) revealed on Thursday it is considering leaving the state.

Separately, CME reportedly said at the company’s annual meeting it is willing to consider a stock split or special dividend in an effort to increase shareholder value.

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy; Extended News; US: Illinois
KEYWORDS: democrats; economy; liberalfascism; taxes
Earlier this year Doug Oberhelman, CEO of Peoria, Ill.-based Caterpillar (CAT: 99.30, +1.26, +1.29%), appeared to raise the possibility of moving out of the state in a letter to Illinois Gov. Pat Quinn.
1 posted on 06/09/2011 11:10:22 AM PDT by scooby321
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To: scooby321

If CAT does move, it will be to a right-to-work state..and that will be fun to watch..


2 posted on 06/09/2011 11:13:51 AM PDT by ken5050 (Save the Earth..It's the only planet with chocolate!!!)
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To: scooby321

Go! Leave! Don’t just threaten it, just go!

As long as the Chicago kleptocrats run the state, it’s best to take the money and run.


3 posted on 06/09/2011 11:15:54 AM PDT by henkster (Every member of Congress must put the fate of the nation over their next re-election campaign)
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To: scooby321
But, but, the mighty Quinn said this tax hike wouldn't affect business in this state.

He is either the biggest liar or the biggest fool (or both) this side of Obama. Geez, I wish Blago was still in office; at least he didn't raise taxes.

4 posted on 06/09/2011 11:16:17 AM PDT by Marathoner (Birds gotta fly, fish gotta swim, RATS GOTTA TAX!)
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To: scooby321

CME should really screw the unions and move to a “Right To Work” state.


5 posted on 06/09/2011 11:16:36 AM PDT by WaterBoard
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To: scooby321
CME ... the original ( wiki )


6 posted on 06/09/2011 11:19:12 AM PDT by sten (fighting tyranny never goes out of style)
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Comment #7 Removed by Moderator

To: sten

Exactly what I was thinking.

LOL


8 posted on 06/09/2011 11:42:17 AM PDT by UCANSEE2 (Lame and ill-informed post)
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To: scooby321

Chicago is the new Detroit.


9 posted on 06/09/2011 11:45:46 AM PDT by Redmen4ever
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