Market Talk – October 31, 2024
ASIA: The major Asian stock markets had a mixed day today: • NIKKEI 225 decreased 196.14 points or -0.50% to 39,081.25 • Shanghai increased 13.59 points or 0.42% to 3,279.82 [...]
The politicians in Illinois after destroying the state economically, want to now impose an EXIT tax for anyone who dares to think about leaving the state. This is the problem we face. They will never look at the long-term impact of their decisions. Such a tax may make others decide NOT to move to the state and then watch property values really crash.
All they think about is just to survive to the next election. There are those in the ranks who want to impose taxes on every trade in Chicago. Talk about no taxation without representation. So anyone trading on a Chicago exchange from around the world has to be taxed by Illinois without a right to vote?