An Inside Look at Chicago’s Seedy Car-Impound Netherworld – Car and Driver

How the Windy City takes its citizens’ vehicles.

How the Windy City takes its citizens’ vehicles.
“Warren Buffett said recently, be wary of investing in states like Illinois that quite frankly are digging themselves a deeper hole and really have no way out in terms of their fiscal outlook, their pension allocations,” DeSantis, referring to the Berkshire Hathaway chairman and CEO, said during the Enterprise Florida meeting in Jacksonville. “I think there is an opportunity to talk to some folks and drive some investment here in Florida.”
“Working class Chicagoans need a budget that taxes the rich and powerful corporations to pay their fair share,” Ramirez-Rosa said. “ … The time has come to tax the rich instead of continue to rely on fines, fees, and regressive taxes that have pushed out Chicago’s black and brown families out of our city.” No specifics are offered, however.
Lightfoot on Wednesday sought to downplay any expectations of specific budget solutions in Thursday’s address.
Lightfoot took office on a mission to take down the machine. When it comes to the city’s finances, the biggest blockade to investments that will improve upward mobility for residents is the pension problem. She can best lead a new Chicago if she helps stop this problem from grinding through city revenues.
Comment: Mr. Hertz, formerly with the Center for Tax and Budget Accountability, last year authored an op-ed in the Chicago Sun-Times calling for a progressive increase in the real estate transfer tax, which we wrote about here.
The Civic Federation supports the Chicago Public Schools (CPS) proposed budget for FY2020 because it demonstrates continued financial stability in the third year of Evidence-Based Funding from the State of Illinois. However, the Civic Federation continues to be concerned about the District’s long-term financial sustainability
The latest example is the tax structure developed for recreational cannabis in Illinois. A group of state lawmakers essentially admitted that they just might have set the tax rates too high.
Code for America is doing the work for Cook County at no cost to taxpayers, Cook County State’s Attorney Kim Foxx said Tuesday, adding that the automation provided by the group’s digital system will do the work in a fraction of the time that it would take bureaucrats to do the task.

Churchill Downs blames prohibitive tax rates that would penalize it relative to competing Chicago-area casinos.
The Chicago Teachers Union wants the school board to delay Wednesday’s vote on a $7.7 billion budget, claiming it doesn’t address critical staffing needs or fulfill Mayor Lori Lightfoot’s campaign promise of equity in education.
Chicago Teachers Union boss Jesse Sharkey talks like a socialist tough guy, lives in a posh Rogers Park estate and drives a Tesla.

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