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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 companys 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
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!!!)
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)
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!)
To: scooby321
CME should really screw the unions and move to a “Right To Work” state.
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)
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)
To: scooby321
Chicago is the new Detroit.
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