-- Connecting the dots between our economy, government and business --
Comment: Kudos to Crain’s for publishing this author, Hillary Gowens. She’s superb.
“A progressive levy would essentially be a blank check, signed by the taxpayer and handed over to the state legislature—a dangerous proposition anywhere, but especially in a state in which three-quarters of residents say they don’t have confidence in the state government.”
Comment: We’re told effort now underway in the General Assembly to cut the Comptroller’s intercept authority to 1/4 of the required yearly pension payment.
Illinoisans hear plenty about the state’s ballooning pension debt, its billions in unpaid bills and rising bond debts. But most don’t know that the state’s 860 school districts have put Illinoisans on the hook for another $21 billion in debt.
A new analysis of Census Bureau data says Evanston ranks seventh of nearly 600 cities in the United States in the share of housing cost represented by property taxes.
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