Column: State finances bleak with or without ‘fair’ tax adoption – Lake County News-Sun*

"This election may be the breaking point for a lot of voters who see dropping home prices and rising taxes as the moment to cash in what remaining equity is left and join the growing stampede of those leaving Illinois behind."
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anonymous
5 years ago

Elections have consequences and it seems the Dems (with Madigan being the director) have been running Illinois for so long they know no other way. NO NO NO on the tax.

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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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