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Started By
Message
re: Chicago Mercantile Exchange could be relocating to Dallas
Posted on 9/27/23 at 11:05 pm to Stealth Matrix
Posted on 9/27/23 at 11:05 pm to Stealth Matrix
quote:
Chicago is the new Detroit
Not yet but it's getting that way.
Then again there is a lot of revitalization happening in Detroit.
There's more lake front property to be had around Detroit from Grosse Point down to just east of Bloomfield Hills ... and then everything west on Michigan Ave past Ann Arbor through Irish Hills is booming around Detroit. Selene, Clinton, Adrian, etc., all through there all the way to South Bend.
Chicago is done internally. They're about to be where Detroit was 30 or 40 years ago. Sure, some of the burbs around there are still decent but the bad element is spreading fast. People are getting away from Chicago as far as possible. A lot of tbem are actually headed across the northern border into Wisconsin, and, of course, quite a few are running for cover down to Indian, south of South Bend.
2
Posted on 9/27/23 at 11:17 pm to scrooster
The commercial real estate crisis coming is going to speed up the process.
Posted on 9/27/23 at 11:21 pm to MrLSU
quote:
In May, CME Chief Executive Officer Terry Duffy said the company is prepared to leave Chicago if local and state officials take steps that are “ill-conceived.”"
Da Mayor has been threatening to tax businesses above a certain size based on headcount IIRC, because he thinks that there is no way those jobs relocate out of Chicago, let alone Illinois.
He’s fricking around and about to find out.
Posted on 9/27/23 at 11:35 pm to teke184
Seems like the threats of taxes would make individuals or businessses move to a nice suburb. Wouldn’t have to move your workforce.
Posted on 9/27/23 at 11:40 pm to GeauxTigers123
If you are a big major hub like the commodities exchange, you don’t move from Chicago to surrounding areas like Decatur, Aurora, or Joliet. You move somewhere else significantly better.
Posted on 9/27/23 at 11:40 pm to MrLSU
Won't happen
Posted on 9/27/23 at 11:46 pm to SuperSaint
Pretty sure CME is saying “I dare you, I double dare you motherfricker, threaten to raise taxes one more goddamn time!”
Posted on 9/27/23 at 11:52 pm to MrLSU
quote:
Chicago's new Mayor is pushing for a city income tax which would levy a 3.5% tax on all household income above $100,000.
I’m pretty sure a few posters live in Chicago, just don’t come south because of this, go out West and take the place of the people that were ran out of the West Coast.
Posted on 9/27/23 at 11:55 pm to MrLSU
quote:
Chicago's new Mayor is pushing for a city income tax which would levy a 3.5% tax on all household income above $100,000.
This is why Memphis is the way it is.
Posted on 9/27/23 at 11:56 pm to BregmansWheelbarrow
I seem to recall a city or county tax when I was working in L.A. county years ago. It was pretty insignificant but still annoying.
Posted on 9/28/23 at 12:11 am to Hetfield
quote:
When you elect a Communist, you get Communism. Come on down CME.
Or in this case, you elect a Republican and you get a buncha communists who moved to your state with a company you lured.
This post was edited on 9/28/23 at 12:12 am
Posted on 9/28/23 at 12:14 am to Powerman
quote:
I seem to recall a city or county tax when I was working in L.A. county years ago. It was pretty insignificant but still annoying.
Pretty sure Cook County has it's own sales tax on top of the state tax. Been a while since I've been down there.
Posted on 9/28/23 at 6:01 pm to scrooster
quote:
Then again there is a lot of revitalization happening in Detroit.
I'm well aware of that too, but, old stereotypes die hard. Detroit these days has become kind of a hidden gem. Know a few people who moved to the area. In a decade the default pejorative in most peoples' minds will no doubt switch from Detroit to Chicago.
Posted on 9/28/23 at 7:06 pm to Slippy
That was the NY Board of Trade, now owned by CME...
Posted on 9/28/23 at 7:08 pm to MrLSU
TX has been successfully courting corporations to move here for decades, don't really see it as a game changer
Posted on 9/28/23 at 7:11 pm to MrLSU
quote:
Chicago's new Mayor is pushing for a city income tax which would levy a 3.5% tax on all household income above $100,000.
Appropriately named the OT Baller tax, inspired by Yogi and Boo Boo.
Posted on 9/28/23 at 7:17 pm to MrLSU
Eventually all the sludge will be in the south and people will have to move north.
Posted on 9/28/23 at 7:23 pm to LemmyLives
Are you my jeweler?
Posted on 9/28/23 at 7:28 pm to MrLSU
quote:
Chicago's new Mayor is pushing for a city income tax which would levy a 3.5% tax on all household income above $100,000.
With the cost of living, 100k is pretty much everyone I the city including fast food workers, especially if you add all the benefits like section 8.
This post was edited on 9/28/23 at 7:47 pm
Posted on 9/28/23 at 7:31 pm to BigBobbyStorey
quote:
100% has to do with taxes and 0 to do with violent crime.
You Progs keep telling yourselves that.
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