
Why some Illinois Republicans are making the wrong argument against a progressive income tax
Using a windfall revenue bump in a budget that’s already phony solves nothing and misleads the public in the same ways they’ve always been misled.

Using a windfall revenue bump in a budget that’s already phony solves nothing and misleads the public in the same ways they’ve always been misled.

By Wirepoints’ Mark Glennon: This legislative session has seen a long list of bills that, while not grabbing headlines, inflict enormous damage even if they don’t become law.
State revenue projections tend to be a dash of voodoo wrapped in smoke and mirrors, but this was extreme even for Illinois: Last week, it was announced the state in April got $1.5 billion more in personal income tax collections than anticipated.
“The important part here is we’re not presenting a plan and saying ‘take it or leave it,'” said Deputy GOP Leader Tom Demmer of Dixon. “We’re saying there are new dollars that are on the table, that individual members have not yet been given the chance to weigh out. We believe their priorities should be heard.”
Full text of Pritzker proposal is linked here.
Chicago’s CEO recently revised the first-year deficit upward to $700 million after acknowledging that the four city employee pension funds had fallen short of the assumed 7% return on investments.
But Lightfoot said Friday that $700 million figure isn’t high enough.
“I know that number has been put out by the current administration, but it’s not $700 million. It’s worse than that. I’m not sure why they choose to put that number out because it’s not accurate,” Lightfoot said.
The situation that Lightfoot is inheriting may well go beyond the familiar script fornew mayors.
“We
Comment: No mention of Illinois here, probably because we don’t have the doe to play this game, but this is a wonderful look inside the shadowy industry.
Comment: Shame on Chicago teachers for overwhelmingly electing this militant again. The upcoming contract negotiations between the city and the union will be pivotal. “We hope that the new mayor makes good on her promises to transform our public schools,” said Jesse Sharkey after winning re-election with 66% of the vote. “If she does, she will find us to be a steadfast ally. If she does not, she will find us to be an implacable foe.”
Illinois is No. 7.
A cadre of powerful consultants known as the ‘Guild’ is helping companies decide where to build their latest projects. Hunting trips, ski slopes and NFL locker rooms are part of the gig.
Some workers, like Pamela Harris in Illinois, objected to the arrangement because the union gave her no benefits. She and seven other homecare workers successfully sued in a case that went to the Supreme Court, where the justices ruled 5-4 that because the workers were hired by individual patients, they could not be considered state employees.
As if we needed an audit to tell us what every Chicagoan knows.
Part of the problem is due to changing tenant preferences, competition from sparkling new skyscrapers along the Chicago River and the emergence of entirely new office markets such as the Fulton Market district.
At the same time, an unusually large number of office towers on and around the LaSalle Street canyon — for decades the center of Chicago’s financial sector — are up for sale. Among properties that could change hands are the James R. Thompson Center and the Chicago Board of Trade Building.

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