"Still, would the casino effort have gone this far, this quickly, if Chicagoans were told from the outset that the end result would be a yearly payment of likely no more than $9 for every $100 needed to pay into the pension funds?"
I`m not sure the typical home owner is aware just yet that annual property tax increases are baked into the yearly budget no need for media headlines bout a vote on property taxes when the yearly budget passes property taxes will raise
The Paraclete
4 years ago
Whaaat! Ya mean this is like the promises regarding the Lottery? Benefits misrepresented?
from this point forward any projects should be justified under oath! Not that anyone would suspect they’d lie! Approved based on the threat of higher taxes! Shitbaggery!
nixit
4 years ago
I’m surprised they sold the casino as a pension payment plan to begin with. How boring.
They didn’t quite sell it as a pension payment plan. They sold it as, property taxes will increase if we don’t add a casino to help pay for pensions.
Who elected these idiots
4 years ago
Nothing can fix the pensions, the cancer gene was inserted when the state took the “pension holiday” (code for did not make the required contributions). No amount of pot, gambling, whores, Biden Bucks or accounting magic can ever make the pensions whole. The casinos better have airport grade metal detectors, body scanners and Special Forces grade security or these “casinos” are going to be the scene of nightly ghetto fabulous shootouts, wilding rampages and the thing Chicago is best at radical urban violence. People go to Casinos to get away. How many of the remaining Chicago residents are really going… Read more »
Again, the people are the root cause of all of Illinois’s problems. And not even all people, just Democrat and independent voters.
GM
4 years ago
https://slate.com/business/2022/05/casinos-new-york-city-chicago-philadelphia.html Full House: American casino development has hit its saturation point. “In Chicago, the City Council voted on Wednesday to approve a deal selected by Mayor Lori Lightfoot—the operator Bally’s at the old Chicago Tribune printing plant. (It is, if nothing else, a perfect metaphor for the city’s once-proud paper, which is being picked to the bone by the vultures at Alden Global Capital.) In a way, the entry of bona fide casinos to Chicago and New York represents the triumphant return of urban gambling. Up until the early 20th century, gambling was an illegal but highly visible vice in… Read more »
Fed up neighbor
4 years ago
Hello morons 2+2 = 4 not 6 bunch of idiotic morons
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
I`m not sure the typical home owner is aware just yet that annual property tax increases are baked into the yearly budget no need for media headlines bout a vote on property taxes when the yearly budget passes property taxes will raise
Whaaat! Ya mean this is like the promises regarding the Lottery? Benefits misrepresented?
from this point forward any projects should be justified under oath! Not that anyone would suspect they’d lie! Approved based on the threat of higher taxes! Shitbaggery!
I’m surprised they sold the casino as a pension payment plan to begin with. How boring.
They didn’t quite sell it as a pension payment plan. They sold it as, property taxes will increase if we don’t add a casino to help pay for pensions.
Nothing can fix the pensions, the cancer gene was inserted when the state took the “pension holiday” (code for did not make the required contributions). No amount of pot, gambling, whores, Biden Bucks or accounting magic can ever make the pensions whole. The casinos better have airport grade metal detectors, body scanners and Special Forces grade security or these “casinos” are going to be the scene of nightly ghetto fabulous shootouts, wilding rampages and the thing Chicago is best at radical urban violence. People go to Casinos to get away. How many of the remaining Chicago residents are really going… Read more »
Those same taxpayers “elected those idiots” so they are getting what they wanted.
Again, the people are the root cause of all of Illinois’s problems. And not even all people, just Democrat and independent voters.
https://slate.com/business/2022/05/casinos-new-york-city-chicago-philadelphia.html Full House: American casino development has hit its saturation point. “In Chicago, the City Council voted on Wednesday to approve a deal selected by Mayor Lori Lightfoot—the operator Bally’s at the old Chicago Tribune printing plant. (It is, if nothing else, a perfect metaphor for the city’s once-proud paper, which is being picked to the bone by the vultures at Alden Global Capital.) In a way, the entry of bona fide casinos to Chicago and New York represents the triumphant return of urban gambling. Up until the early 20th century, gambling was an illegal but highly visible vice in… Read more »
Hello morons 2+2 = 4 not 6 bunch of idiotic morons