Chicago leaders weigh new measure to lure Big Tech data centers to city – WBBM (Chicago)

“Take a look at the South and West Sides, where there’s thousands of empty lots,” Ald. Gilbert Villegas said. “We’re trying to get some economic activity [and] property back on the tax roll, so that way we’re not having to pull the levers that we’ve traditionally had to pull in order to create revenue, which are property taxes, increasing fines, increasing fees and TIFs use.”

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We Have Already Passed Peak Public School Enrollment – Reason

“On the local level, Democratic-dominated polities like the state of New York are still pushing through mandatory class-size reductions, which—surprise!—requires hiring more teachers even as the student population declines. And certainly, muscle-flexing groups like the Chicago Teachers Union (CTU) will find it advantageous in contract negotiations to be bargaining with a former CTU lobbyist they helped elect.”

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Cannabis Research Institute opens in Chicago, looking to dig deep into marijuana – Chicago Tribune/Yahoo

The research group is making use of a new lab in a former COVID-19 testing facility in the Illinois Medical Center campus on the West Side, harnessing DNA sequencing equipment formerly used to test for COVID-19. The headquarters for its parent organization, the University of Illinois System’s Discovery Partners Institute, is proposed for vacant land on The 78, the 62-acre South Loop site where the Chicago White Sox also want to build a new stadium.

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Editorial: The alliance against Mayor Brandon Johnson on zoning is justified – Chicago Tribune*

“The mayor continues to pursue a hard-left agenda that is failing to win public support. Just like mayors, aldermen have to be accountable to voters, so giving the benefit of the doubt to a mayor with a deeply underwater approval rating — especially over the opposition of influential unions like Local 150 of the Operating Engineers — becomes a political risk not worth taking.”

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Commentary: Living in Harvey and wondering where our tax dollars go – Crain’s*

A residential street in Harvey, Illinois“My personal property tax bill surged from $1,939.34 in 2022 to $9,237.36 in 2023, a staggering increase of $7,297.42. The brass-tacks consequence is a nearly doubled monthly mortgage payment…. We may not know the full impact of this usurious tax increase for years. In time, it may become evident in the number of foreclosed and/or abandoned homes reported, or evidenced by the number of new-construction housing developments that spring up in these currently beleaguered cities.”

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The High-Tax State Brain Drain – Wall Street Journal

More bad news for California, Illinois and New York. A recent analysis finds that their most upwardly mobile millennials are fleeing for lower-tax states. Call it a high-tax state brain drain. Damage to high-tax state economies will compound as more young, upwardly mobile people leave.

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