A natioal republication of our Wirepoints article.
At a time when union leaders claim another $38 million could end the teachers strike, Mayor Lori Lightfoot’s 2020 budget requires the Chicago Public Schools to reimburse the city for $60 million in pension contributions previously covered by City Hall. The historic about-face is buried in the mayor’s budget overview. It states, “In 2020, an additional $60 million is expected from Chicago Public Schools to cover a portion of its share of the city’s annual contribution to the Municipal Employees’ Annuity and Benefit Fund.”
Using fuzzy math, the CTU claimed on Monday that the negotiating gap on a new contract stands at $38 million. Using real-world math, that gap is about 2 1⁄2 times bigger — $98 million. Chicago just doesn’t have that kind of money. Really and truly.
Comment: Note that this is about structure — how taxes are assessed — not tax burden.

Thanks to Michael Gillespie, an obscure programmer at a Nerds on Call repair store, hundreds of thousands of ransomware victims have recovered their files for free.
Prtizker politicized the release of the state’s five-year projections by releasing it under this headline: “GOMB Releases Five-Year Forecast Showing Significant Long-Term Challenges Without Fair Tax.”
The Chicago Democrat faces one count of bribery.

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