the guys who are being occupied in chicago win in springfield

[mopinko]

the big exchanges have been threatening to leave town since pat quinn raised taxes on businesses. they had no intention of leaving, just through they would visit a couple other states and have some nice dinners on the taxpayers. but it worked, apparently.
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It’s a prairie puzzler in Illinois: What happened to all the money?
Ten months after the largest tax increase in its history, Illinois is unable to give scheduled raises to its workers. The backlog of unpaid bills is $4 billion and years from resolution. The current budget, despite $7 billion in new revenue, isn’t balanced. Businesses, even as they argue that government pension costs are unsustainable, will clamor for tax cuts during a legislative session that starts today in Springfield.

snip


Three prominent businesses -- CME Group Inc., which operates the Chicago Mercantile Exchange and Board of Trade; Chicago Board Options Exchange; and Sears Holdings Corporation - - are threatening to leave the state unless their tax load is lightened.
Lawmakers return to the capital today and are scheduled to consider a 50 percent tax cut for CME Group and CBOE Holdings Inc. (CBOE) before concluding the session Nov. 10, according to John Patterson, a spokesman for Illinois Senate Democrats. A trim for Sears will be considered in a separate bill.

http://www.bloomberg.com/news/2011-10-25/illinois-s-answer-to-show-me-the-money-there-s-just-not-enough.html



the guys at cme were the ones poking the protesters with signs and flyers about being the 1%. both exchanges have gone from being member owned to being publicly held, and have become more money, money, money centered every day.