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How noble of Aon; they know they will simply pass along the 3% gross receipts tax on to their customers; since they are an independent brokerage, it will work to their benefit and against captive agent who sell for Illinois based carriers: State Farm, Allstate, Country, Horace Mann, etc.
Aon has many carrier to shop for business; odds are they won\’t all increase by the 3% receipt tax, while the Illinois based captives will have to eat the increase to try to stay competitive.
Another advantage to the independent, and disadvantage to Illinois based captives.
HUH?
This is simply a ‘tit for tat\’. AON supports the governor\’s pillage/destruction of Illinois business via his convoluted health care proposal and AON get\’s the govenor\’s backing for their ridiculous ‘disclosure legislation. BOTH proposals will cause jobs to be lost, business to leave and the shuttering and sale of insurance agencies (destroying competition). AON got caught being naughty, paid a price and now is BUYING the imposing of it\’s penalty on HONEST, HARDWORKING small business men.
WHAT A JOKE!
Aon will have an easier time dealing with the increase; they write for carriers all over the country; a State Farm agent writes for State Farm; gross receipts will hit State Farm hard; that cost has to go somewhere.