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Illinois continues to have the highest wireless taxes in the country at 34.9 percent, followed by Washington at 32.9 percent, and Arkansas at 32.2 percent.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Illinois and high taxes is not new news. Illinois when it comes to taxes is almost always in the top 3 in the country. And still broke, that tells it all when it comes to fiscal responsibility.
The State and Pritzker both need to be on a strict Diet.
If you do not like high taxes, then what in the world are you doing in Illinois?
And these taxes are horribly regressive. IL government is all about helping the little guy, right?
Perfect example of a hidden tax. If Illinois’ cellular tax rate (22.65%) were the same as middle-of-the-pack Georgia (12.28%), the typical cell phone bill ($100/mo) would be $10/mo cheaper.
Enough about that…where’s my guaranteed income check?
Land of Taxation!
Rename it Taxistan!!