We’re supposed to worry that climate change itself is to blame for Illinois’ failing climate policy, but far bigger problems are obvious.
Traumatizing robberies and violent crime continue to go up in Chicago this year, hitting a six-year high compared to the same time last year. It’s crime in neighborhoods perceived as safe, sometimes taking place in broad daylight, that’s driving the increased fear among Chicagoans and suburbanites.
Ted was on The Chicago Way with John Kass and Jeff Carlin to discuss the proposed $5 billion lakefront stadium project proposed by the Chicago Bears & Mayor Brandon Johnson, why Chicago is struggling compared to other metro areas across the country, why the city might or might not go the way of Detroit, and more.
Some Illinois lawmakers continue to deny that covid aid and other federal stimulus bailed the state out of its fiscal mess. But a look at past and projected revenues from COGFA shows just how much the bailouts blew out the state’s revenues. And now that they’re over, how much harder it will be for Illinois revenues to grow.
Election integrity – both real and perceived – is essential to government’s legitimacy and stability. Illinois, like the rest of the nation, better fix its problems now.
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Illinois is DOA.
How about a clawback for all the pensioners that move out of the state? Why do we pay so much and have people leave. If you aren’t willing to stick in a state that you helped bury itself you should lose a good 30% of your benefits.
Nice try, but no cigar!
The irony is they leave for low/no tax states like Florida because IL taxes are too high. They should be paid in scrip money that can only be spent in Illinois.
Maybe you’re getting a step or two closer in your logic, but you’re only at plan #2. Keep working on it. I want to see plan #4 at least. As things stand now, plan #2 will never happen. That’s not to say it can’t happen with some more tweaking.
Hey Wirepoints – In your inbound/outbound migration data, can you tell how many retirees move INTO Illinois compared to other midwestern states? I’d like to know if we actually attract retirees with our no-tax tax incentive in relation to neighboring states
Good question, but I am aware of no way to measure that.
After that there probably will be a state wide property tax of 1% especially if the progressive tax fails. Might as well have a hypertension and diabetes tax since Covid loves people who have that. Throw in an obesity tax for good measure.
that’s funny. if we could tax riots and looters we’d be ok, too. maybe permits bought at city hall. or a personal rioters city license.
and
hydroxychloroquine is cheap, chicago could sell at a huge profit since it works but you can’t get it anywhere-
Yes the progressive tax is a precursor to a retirement tax. Not to worry though as several other taxes will appear first to provide ample warning. Progressive Tax passes. If it doesn’t pass then flat tax increase with promise to lower taxes back to 4.95% once passed. Rates are raised so top bracket is in 13% range. Low range in 6 or 7% range. This will be adjusted during steps 3, 4, and 5 based on will of electorate. Service tax added for hair cuts, car repair, lawn service, etc… Retirement tax added. To start at retirement income over 100k… Read more »
Unfortunately you are correct. It’s too late for IL to go RED this fall as too many BLUE races are current unopposed.
Taxing retirement income will cause a wave of retirees to leave IL and dissuade others from moving there. It’ll be Chapter ??? of the Incredible Shrinking State book. It has a lot of chapters.
Also, just like with workers, wait until retirees find out that, based on the progressive tax rates, they’re affluent and get a huge income tax rate. Congratulations will be in order.
the greed of big government in general and of the Dictator for Life specifically are insatiable
We left to a free southern state,it is dangerous to live in illinois.Wait till they open the prisons!!! They have all ready,on a small scale,If you are stupid enough to live there now,what will you do when the con is in your house,call a social worker?to beg the con to leave your house.