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Capitol Fax.com - Your Illinois News Radar » Bloomberg attempts to claim transaction tax corpse is somehow still alive

Capitol Fax.com - Your Illinois News Radar » Bloomberg attempts to claim transaction tax corpse is somehow still alive
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Home Rule E-Transactions Tax Off the Table

From Illinois law: “No unit of local government shall levy any tax on stock, commodity, or options transactions.” That statute has long been targeted for elimination by the Chicago Teachers Union and its allies. The CTU reliably shuns any proposal to increase property taxes across the board, instead pushing often-times “magical” solutions as alternatives. It’s one way the ....

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