Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
As long as they don’t use it to help fund the pension debt. We wouldn’t want that.
The Chicago real estate transfer tax bill is Senate Bill 3243 (SB 3243).
There is a companion bill, House Bill 4826 (HB 4826).