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.
Fair tax is nothing but adding to the racial divide.
There is nothing fair about this proposal.
If anything it will divide more.
I don’t think I’ve ever read an article that manages to get every single talking point about the Fair Tax wrong. First, it misrepresents the findings of two separate studies. Second, it thinks a graduated income tax equates to racial equity. If that’s the case, then why does Minnesota have the largest income disparity between blacks and whites?