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It's fitting that the G8 is meeting in my beloved but beleaguered hometown of Chicago this May. In a city with the highest sales tax in the country, where the state tax rate was recently increased by 66% and property taxes went up $300 per homeowner, and where 2012 state education spending was cut by a greater percentage than in any other state, a tax break of $85 million per year was given to the largest and most diverse financial exchange in the world.
The CME Group, made up of the Chicago Mercantile Exchange and the Chicago Board of Trade, had a profit margin higher than any of the top 100 companies in the nation over the past three years.
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It's fitting that the G8 is meeting in my beloved but beleaguered hometown of Chicago this May. In a city with the highest sales tax in the country, where the state tax rate was recently increased by 66% and property taxes went up $300 per homeowner, and where 2012 state education spending was cut by a greater percentage than in any other state, a tax break of $85 million per year was given to the largest and most diverse financial exchange in the world.
The CME Group, made up of the Chicago Mercantile Exchange and the Chicago Board of Trade, had a profit margin higher than any of the top 100 companies in the nation over the past three years.
It's fitting that the G8 is meeting in my beloved but beleaguered hometown of Chicago this May. In a city with the highest sales tax in the country, where the state tax rate was recently increased by 66% and property taxes went up $300 per homeowner, and where 2012 state education spending was cut by a greater percentage than in any other state, a tax break of $85 million per year was given to the largest and most diverse financial exchange in the world.
The CME Group, made up of the Chicago Mercantile Exchange and the Chicago Board of Trade, had a profit margin higher than any of the top 100 companies in the nation over the past three years.