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.
The progressive tax ads will probably be directed to voters who don’t pay tax’s in the first place. They will say the rich will pay more and you will get more$$$
A progressive tax will make the entire state a ghost town.