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.
It is Pritzker and his mandates that are causing all the problems
Landlords like myself never got any type of property tax breaks whatsoever. So how can I give the tenants a break if they needed one. I am suppose to hand out some sort of charity but the same is not afforded to me by any taxing body. Many taxing bodies have “reserves” but I have yet seen anyone using them to give property owners a break. I can sleep well knowing that the Property Tax Force (farce) is working 24/7 to reduce my tax’s. Ha! Ha!