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.
Does Pritzker have the right to change federal tax codes
He’s not changing the federal tax code. He is looking to change the state tax code so as not to allow the same tax credits that the federal tax code offers. The business utilizing the tax credits would still benefit on their federal taxes just not from the state. I believe New York did this back in April.
Thanks
Moving deckchairs, Titanic comes to mind……