Aldermen Endorse Effort to Revoke Tax Incentives After Botched Smokestack Demolition – WTTW (Chicago)

The tax incentives have been a key tool for city officials desperate to create well-paying, often unionized jobs and find new uses for long vacant and abandoned land, like the former Crawford Coal Plant.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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