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Fleeing High Taxes

Discussion in 'Political Debate & Discussion' started by carpro, Jul 28, 2011.

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  1. carpro

    carpro Well-Known Member
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    http://www.chicagotribune.com/busin...nable-may-exit-state-20110728,0,6322503.story

    CME Group calls tax situation 'untenable;' says it may exit state

    CME Group Inc. is evaluating whether to move some operations to other states from Chicago to reduce its taxes, but it has not decided on an exact timeline, CEO Craig Donohue said Thursday.

    "Our tax situation is untenable," Donohue told Reuters, noting that CME is taxed more heavily than any of its global competitors. The company is talking with at least three states -- Texas, Florida and Tennessee -- about relocating some of its business to take advantage of lower tax rates there, Donohue said.
     
    #1 carpro, Jul 28, 2011
  2. Salty

    Salty 20,000 Posts Club
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    Why would those evil corporations even think about taking their tax $ out of Chicago
     
    #2 Salty, Jul 28, 2011
  3. targus

    targus New Member

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    Because they're GREEDY and don't want to PAY THEIR FAIR SHARE.

    "Pay their fair share"... That phrase always cracks me up when I hear it coming from the 40% who pay no share. :laugh:
     
    #3 targus, Jul 29, 2011
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