Marijuana sales create $52 million in state revenue in first six months – Capitol News

Per the law, 8 percent of that revenue will be shared with local governments, while the Illinois Department of Revenue estimates $25.9 million from excise and sales taxes will be directed to the state’s General Revenue Fund.
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Fed up neighbor
5 years ago

Really, 1 in 4 out of work in Illinois, begging for rent relief, mortgage assistant, food aide, kids out of school but yet these poor poor people still have money to spend on pot. Free stuff needs to end if people can spend this kind of money, priorities are all wrong.

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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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