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.
If Pritzker was really interested in “fairer” taxes, he would have the Illinois state income tax apply to money earned by Caribbean Trust Funds. He is trying to pass a tax that won’t apply to himself and other billionaires who have figured out how to hide money from tax collectors.