Proposal would tax each agricultural contract with $1 and others with $2 fee
CME Group executive chairman and president
Terry Duffy has appeared before the Illinois House Revenue and
Finance Committee to argue against a tax on financial
The Financial Transaction Tax Act, called
HB0106 and proposed by Democratic member of the Illinois House
of Representatives Mary Flowers early last year, would impose a
tax on engaging in a financial transaction on the Chicago Stock
Exchange, the Chicago Mercantile Exchange (CME), the Chicago
Board of Trade and the Chicago Board Options Exchange.
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