What is the proposed tax rate mentioned in the text?
CME's Duffy: Proposed Illinois Trading Tax 'Ridiculous'

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Business, Social Studies
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University
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Hard
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5 questions
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1.
OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
How does the speaker compare the taxation of trading to the taxation of real estate transactions?
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3.
OPEN ENDED QUESTION
3 mins • 1 pt
What are the potential consequences of the proposed tax on the CME according to the speaker?
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4.
OPEN ENDED QUESTION
3 mins • 1 pt
What is the deadline for the Illinois lawmakers to approve any legislation related to the tax proposal?
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5.
OPEN ENDED QUESTION
3 mins • 1 pt
What does the speaker mean by 'penny wise dollar foolish' in the context of the tax proposal?
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