Winners and Losers In Chicago's Planned Tax Hike
While the recent major tax hike is far from certain, I am curious as what local investors think of the potential tax hike detailed in the linked article amount many others:
http://www.cnbc.com/2015/09/03/chicagos-tax-nightm...
Does it scare you out of the market?
What areas, investing types etc. are the winners and losers from this?
From all I have read it seems like the poorer areas may be a beneficiary by comparison as politicians seem to be trying to shield those areas from bearing the consequences. Also, areas further outside of Chicago proper in Illinois which would have less exposure to Chicago pension problems.
Any thoughts?