The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Illinois:
Giant Gift to Traders, $2.50 for Us

Jan 9, 2012

The Illinois legislature, controlled by the Democrats, has passed an 85 million dollar a year tax break the Chicago Mercantile Exchange and Board of Trade, the home of some of the biggest speculators in the world. In a typical corporate shakedown, it threatened to leave Illinois if it didn’t get the break.

To cover themselves, the legislators decided to give something to ordinary taxpayers. So each person in Illinois will get a tax exemption worth ... $2.50 per year!