Comment: Our strong suspicion is that they are indeed thinking about that.
Runaway overtime at the Chicago Police Department isn’t the only item in Mayor Lori Lightfoot’s cost-cutting crosshairs.
She also hopes to hammer out a new firefighters’ contract that eliminates treasured union perks and outdated staffing requirements that cost taxpayers tens of millions of dollars.
How does one keep the natives — aka Illinois taxpayers — from getting restless?
Don’t tell them the truth.
Exhibit A for that proposition is a news release recently issued by Comptroller Susana Mendoza about the state’s Comprehensive Annual Financial Report that put a positive spin on Illinois’ disastrous financial situation.
Reason’s response to a recent similar article in The Atlantic.

A coalition of progressive groups and a handful of aldermen are getting specific about increases to a bevy of taxes to fill Chicago’s budget hole, including restoring and increasing Chicago’s corporate head tax to $16 per month for large companies, instituting a 3.5% tax on office leases, a hike in the hotel tax from 4.5% to 7.5% and a local income tax on those earning above $100,000 a year.
That’s just the start. See their whole “Re-imagine Chicago Platform linked here.
Comment: Senator Heather Steans’ comments on pensions deserve a separate story, which we will try to get to soon. They are nonsense.
Chicago’s finances and the state’s finances do not, unfortunately, represent the totality of the dilemma faced by the residents of the Land of Lincoln.
https://ilbusinessdaily.com/stories/513202311-31-6-of-households-in-sauk-received-food-stamps-in-2017
Lightfoot said she has ordered a review of Finney’s “significant portfolio” of public housing after the Chicago Sun-Times shined a light on a federal judge’s stunning allegations of fraud, self-dealing and mis-management against Finney’s former nonprofit.
States such as New York, California and Illinois use residency audits to claim that your recent interstate move was just a tax dodge and that you still owe their state income taxes.
Michael A. Pagano, dean of the College of Urban Planning and Public Affairs and director of the Government Finance Research Center at the University of Illinois at Chicago. Meter all water users and charge a price to replace the system’s infrastructure. Charge a market price for parking as well as road use, starting with congestion pricing. Ask the legislators in Springfield for access to an earnings tax at the place of employment, like Ohio’s cities, or a payroll tax on employers, and reduce the property and sales tax rates. Broaden the sales tax base by imposing the sales tax on
A national republication of our Wirepoints story.

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