Joe Cahill: New taxes are never welcome, especially in a relatively high-tax state like Illinois. But a time-limited tax that eliminates a fiscal albatross and ultimately saves tens of billions makes sense, with two provisos: Legislation enacting the pension surtax must include ironclad prohibitions on extending the expiration date or using the funds for other purposes.
He should listen but he won’t. Dems love to spend money on new issues and not be responsible with the debt. Their goal is to pay just enough so that the credit ratings agencies don’t get upset. Republicans are just as useless. They will complain non-stop about an unbalanced budget but when they have the chance to speak up and advocate for paying down the debt they do absolutely nothing. This site is filled with commenters that complain about the budget but never advocate to actually balance it. The voters are getting exactly what they want and deserve. The average… Read more »
Giddyap
3 years ago
Bottom Of The Class Business School Grads At Crain’s Chicago Business (Chicago’s Anti-Business, Business Fake-Newspaper) Want To Raise Taxes Higher To Bail Out Illinois’ Crooked Corrupt Pension Fraud Scam
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.
He should listen but he won’t. Dems love to spend money on new issues and not be responsible with the debt. Their goal is to pay just enough so that the credit ratings agencies don’t get upset. Republicans are just as useless. They will complain non-stop about an unbalanced budget but when they have the chance to speak up and advocate for paying down the debt they do absolutely nothing. This site is filled with commenters that complain about the budget but never advocate to actually balance it. The voters are getting exactly what they want and deserve. The average… Read more »
Bottom Of The Class Business School Grads At Crain’s Chicago Business (Chicago’s Anti-Business, Business Fake-Newspaper) Want To Raise Taxes Higher To Bail Out Illinois’ Crooked Corrupt Pension Fraud Scam