Pritzker’s progressive tax makes city income taxes more likely – Illinois Policy

"City income taxes now must be imposed on all taxpayers at the same rate. Angering every voter in Chicago, Peoria or Springfield is too great a political risk and the likely reason no Illinois city has an income tax...But the ability to split off taxpayers from the protection of the herd is the heart of the constitutional amendment before voters."
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madigans_sex_slave
5 years ago

I hope that they impose massive city income taxes on Chicago to punishment to all of those living and working there. Chicago continues to destroy the state of IL.

Bross
5 years ago

Agree MSS. The sooner we can see how this Democrat ****show ends the better. Raise taxes on everyone the political class hates and let’s see how it ends.

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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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