Traders disappointed tax break deal failed

Full story: ABC7 Chicago
Chicago traders were reacting Wednesday after the Illinois General Assembly adjourned without passing legislation to keep two high-profile companies from moving out of state. Full Story

Carol Stream, IL

#1 Dec 1, 2011
Prehaps as a compromise the traders can keep a small regional sales office in Chicago to process just the trades that cover Illinois transactions. I am betting that the taxes generated that way would be less than the ones generated by the tax "break" requested. It would be interesting to see just how much of their business was generated elsewhere and just how much of a benefit Democrats and the schools want to throw away to "stand on principle".

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