Echoing Scarface, ‘First We Get the Money,’ say Mayor Johnson’s allies with $12 billion financial plan, and here comes Angela Davis – Wirepoints

This column was updated and corrected to reflect that the $12 billion plan is of both supposed savings along with tax increases.

By: Mark Glennon*

Two Chicago interest groups that are major allies of Mayor Brandon Johnson published Wednesday what they want Johnson to pursue for new taxes: a city income tax, a wealth tax, a “head tax” assessed per worker on employers, a digital ad tax, a jump in the tax on jet fuel used at Chicago’s airports, a progressive increase on real estate transaction fees on sales over $1 million. The new taxes would total $6.8 billion according to the plan, and would be coupled with supposed savings of $5.1 billion that would be redirected to other spending, totaling nearly $12 billion.

For a little perspective, the tax increase would be even bigger than Chicago’s near-$5 billion Corporate Fund, the main operating account in the city’s budget.

Video clip from Scarface

You gotta hand it to today’s left when it comes to the path to power. The title on their proposal is “First We Get the Money: $12 billion to fund a just Chicago,” echoing the wisdom in a famous line in the movie Scarface, “First you get the money, then you get the power….”

That formula has worked well for the Chicago Teachers Union and its close allies, the Action Center on Race & The Economy and the People’s Unity Platform, which sponsored the new proposal. The CTU, Johnson’s former employer, was his biggest campaign donor, using funds questionably squeezed from its members. Its mastery of money and power is unquestioned, also extracting oversized pensions and nearly $30,000 per student for its schools.

The proposal is co-written by Saqib Bhatti, a member of Johnson’s transition team and co-executive director of ACRE, one of the report sponsors. “I think it’s appropriate to hold [Johnson] accountable for the promises he’s made,” Bhatti told Crain’s. “Mayor Johnson ran on a platform that actually included some of these things.”

Johnson has indeed supported some of those tax increases, but he quickly distanced himself from the proposal on Wednesday, saying the tax increases he proposed during his campaign are far smaller — just $800 million — his spokesman told Crain’s. Johnson said he had no role in the proposal.

Smells like a political ploy. “Look at me, what a fiscal moderate I am,” appears to be the setup for Johnson to claim. The Great Conciliator.

The proposal includes supposed savings of over $5 billion from things like reducing the “bloated police budget.” Particularly ridiculous is a claim that over $2 billion could be saved by issuing interest-free loans that somehow could be sold to the Federal Reserved Bank “for 0% interest.” The supposed savings would be re-spent on things like public housing, education and climate. The full proposal is here.

Flier for Sunday’s event featuring conversation with Angela Davis and Mayor Johnson

But wait, there’s more in other news.  Angela Davis will join Johnson in a Sunday event about the future of Chicago along with “the baddest organizers in movement leaders,” according to one promoter on Twitter

Davis was among the most notorious figures in America’s last radical era forty or fifty years ago. She was twice the U.S. Communist Party’s candidate for vice president and was warmly welcomed by the former Soviet Union (which awarded her its Lenin Peace Prize), the former East Germany and Cuba. A gun belonging to her was used in a famous attempt to spring prisoners in which four people were killed. She was prosecuted but acquitted for three capital felonies including conspiracy to murder.

*Mark Glennon is founder of Wirepoints.

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Dale
2 years ago

But why do you Chicagoans still live there? Hard to be sympathetic when this has gone on for so long. Take a small loss now to avoid a bigger one, later.

s and p 500
2 years ago

Speaking of the radical era 40 or 50 years ago, Brandon Johnson looks and talks like Linc in “The Mod Squad”. (The complete series can be purchased for $30). That can’t be good. Cities weren’t in massive debt like they are today. The typical police pension (at least on TV shows) was less than $1000 a month.

JackBolly
2 years ago

Pritzker is afraid of the marxists – he will give them whatever they want in the hopes they leave him alone.

Hope people like PPF realize that marxists embrace confiscatory actions, particularly for those who take more than their ‘fair share’.

Wolf Larsen
2 years ago
Reply to  JackBolly

Feeding the crocodiles before they eat him, which would be a jolly huge meal for the crocs!

nixit
2 years ago

ACRE to CTBA: Hold my beer.

It’s funny to see Ralph Martire being usurped by younger, fiscally wackier groups.

nixit
2 years ago
Reply to  Mark Glennon

Maybe because Martire and his associates are embedded in higher education. Ralph is a professor of public policy at Roosevelt. Amanda Kass is something similar at DePaul. They’re churning out simple-minded “urban planning” graduates who only see one side of the equation: taxes. It doesn’t help that local media provides them an unfettered platform, often without counter analysis.

Silverfox
2 years ago
Reply to  Mark Glennon

The only thing necessary for the triumph of evil, is for good men to do nothing—Edmund Burke
Though I must say, that I seriously doubt that too many Dems in Illinois could be considered good men.

Rick
2 years ago
Reply to  Mark Glennon

The colleges stopped teaching journalism and replaced it with propagandists. The advent of the internet threw gas on the fire. Every profession is being taught from a woke perspective, starting with law. Even the sciences now, engineers intentionally design racist bridges now did you hear? Too many consumers of news just go along, and those that think and question are ignored, cancelled or banned from the few media outlets that allow reader posts.

Dave Hardy
2 years ago
Reply to  Rick

I’m curious how much longer they can sustain this commitment. Kids are notorious for being contrarians and rebelling. How much longer can rainbow shoes stay in style? Kids think tattoos from generation Z look awful. I bought a few albums because they had a parental guidance sticker on them back in the day.

debtsor
2 years ago
Reply to  Dave Hardy

Based on what my son tells me, and how they joke among his friends, it’s not going to last much longer, the kids are sick of it. When your 50 year old social studies teacher introduces theyself with pronouns, it’s pretty uncool. No matter how much the elites try to normalize the Rainbow Reich, hetero-normativity is not merely a social construct, but rather, something hardwired into the human species. They’ll never be able to get around basic biology, and they’ll have to perpetually indoctrinate every future generation into the LGB cult, and every successive generation will reject it, but will… Read more »

Fullbladder
2 years ago
Reply to  Dave Hardy

Good one about tattoos, I’ve been saying for years that, no tattoos is the new tattoo. Cheers;)

Fullbladder
2 years ago
Reply to  Mark Glennon

Leftism is a faith.

nixit
2 years ago

Tony Montana was more human and relatable than these people.

Rick
2 years ago

Suicide. And the woke MSM in Chicago will go right along with this. Notice how they don’t allow reader comments, bevause you can’t do propaganda if readers are commenting right. The MSM that prohibits comments these days is bull$ht and spewing the narrative, because it’s a one way street there. Johnson only needs to be confronted by the Chicago media about this and he will have to cave. But that won’t happen, the local news will stick to their useless human interest stories or a propaganda wall unchallenged by readers who don’t think and simply not allowed to talk.

Last edited 2 years ago by Rick
Dave Hardy
2 years ago
Reply to  Rick

Don’t think for a second that comment sections are immune from propaganda, group think, covert influence, or coercion. I can state with confidence that some popular sites with comment sections are more dangerous than the MSM, because they have substantial traffic and people actually read them. The social sciences have proven in experiment after experiment that people are often more susceptible to suggestion and influence from their peers than unfamiliar parties. Here’s a typical comment you could run into on a “free speech” site that’s extremely dangerous: “He’ll get away with it because he’s on the right side of the… Read more »

debtsor
2 years ago
Reply to  Dave Hardy

Dave, what you’re missing here in the WP comments section is reach. The comment section on WP doesn’t have reach. Assuming even a 1 up or down vote for every 500 readers, that’s a most several thousand people reading any particular comment. That’s nothing compared to Youtube, Twitter or Tik-Tok. Even niche anon Twitter users like 16th & 17th District Chicago Police Scanner @CPD1617Scanner have 44,400 followers reading every tweet or retweet. Here on WP, if I get 20 votes, that’s maybe 10,000 people assuming a very very generous and likely unrealistic 1:500 ratio. This is diddly squat. WP itself… Read more »

Dave Hardy
2 years ago
Reply to  debtsor

You’re right! I should do an interpretive art dance against PICA and post it on Tik-Tok. Maybe the Illinois Supreme Court will reverse and remand after they see my MC Hammer dance moves. Great idea!

Ken
2 years ago
Reply to  Dave Hardy

True. You can find absolutely delusion bat(blank) crazy readers comments following media articles and one comment after another is completely insane.

Hello, Indiana!
2 years ago

Please be suspicious of any “ organizations “ that have the buzzwords “ people’s” and “ workers “ in their moniker. Add those as Angela Davis into the mix and it’s time to start running before you have to celebrate Lenin and Stalin birthdays .

PleaseMakeMyDay
2 years ago

Do it. It will hasten the race to bottom from which the adults can enter the room and rebuild our city…. These takers are a cancer and a blight on the values formerly integral to the American experiment.

GM
2 years ago

She was the darling of the old communist East Germany. She praised the Berlin Wall and here is she is shaking hands with East German dictator Honecker, who was responsible for the construction of the Wall… https://en.wikipedia.org/wiki/Angela_Davis “East Germany Davis and Erich Honecker in the GDR, 1972 “The East German government organized an extensive campaign on behalf of Davis.[54] In September 1972, Davis visited East Germany, where she met the state’s leader Erich Honecker, received an honorary degree from the University of Leipzig and the Star of People’s Friendship from Walter Ulbricht. On September 11 in East Berlin she delivered… Read more »

Ken
2 years ago
Reply to  GM

Maybe she never researched the East German STAZI before arriving?

Marie
2 years ago

Here’s what you do, first make a commitment to never give Brandon Johnson 12 billion dollars. Then make a commitment to move out of Chicago, then out of Illinois. In the meantime, make a real serious commitment not to listen to Angela Davis. When someone says, “first you get the money, then you get the power”, you must understand they are pure evil, won’t verify how the money was spent and will be back in a year asking for another 12 billion.

Dave Hardy
2 years ago

This is such a joke! Johnson is not going to get anywhere with this garbage. I have to give Johnson credit for getting absolutely everything wrong on his first day! That’s hard to do! I’ve done several high stakes and large business deals. Ted and Mark, Team Wirepoints, are VC guys and can add to this. I’m sure they’ll agree with me on several points. In order to be successful at business, you need to build a rapport and credibility. Most successful business practitioners place a substantial premium on trust. I can’t emphasize this enough. Johnson’s Position: FAIL Here’s how… Read more »

Steve H
2 years ago
Reply to  Dave Hardy

But Johnson is following the Barack Obama, Joe Biden method. Smooth talking, preach conciliation all the while pursuing a divisive agenda of my (so called progressive) way or the highway. Dave, me thinking that your definition and the extreme Leftist definitions of success are sadly just plain different!

debtsor
2 years ago
Reply to  Dave Hardy

LOL Brandon doesn’t see himself as a negotiator with the various stakeholders. He sees himself as the ruler over you. He got the votes and everyone must do what he says. That’s what being mayor means, right? Like Nancy Pelosi said, [Ballots] are the keys to the kingdom, and Brandon has the most ballots, so he is King. Progressives can’t negotiate because it goes against their values. They are not here to negotiate, they are here to revolutionize.

Dave Hardy
2 years ago
Reply to  debtsor

They’re not revolutionizing anything. They’re morons! You can’t get anywhere if you don’t understand how the game is played or even listen. I’ve tried to work with people like this. All they do is write in their notebooks, underline stuff in books, and stick post-it notes on the wall. Nothing ever materializes, and their work products are incoherent.

Spitzer put together a strong offensive game against the business class, and look where that got him.

debtsor
2 years ago
Reply to  Dave Hardy

I agree they are 100% morons. But they are morons with all the levers of power. These people are going to destroy the city just as a Mega Millions lottery winner goes bankrupt after profligately spending through all of his or her winnings. There is no one to stop them from burning it all to the ground in pursuit of their ideological beliefs. Chicago is no longer about my great-grandfather’s city, he was born in Chicago in 1910 and died in Chicago in 1997. I remember him saying he would never leave Chicago even as the neighborhood around him changed… Read more »

debtsor
2 years ago
Reply to  debtsor

Tsar Nicholas tried to negotiate with the Bolsheviks. He thought they were just another reform minded interest group, just like all of the other reformer and challenges to imperial power over the centuries. He gave the Bolsheviks everything they wanted, and in the end, they still took his life and burned the country to the ground. Several million people died of starvation after the Bolsheviks took over because of pure incompetence of the people in charge. BJ in power is truly an existential threat to the continuing vibrancy of Chicago. He’s not just some blip on the radar like every… Read more »

Dave Hardy
2 years ago
Reply to  debtsor

We’re dealing with people dumb enough to omit the North / South Halsted St. designation on their advertising materials, like in the flyer Wirepoints posted above. I’m pretty sure it’s S. Halsted, but whatever. FAIL

debtsor
2 years ago
Reply to  Dave Hardy

I wonder if they did that on purpose, as a dis on the north side, because they all feel the future is the south and west sides. But the period after 750 means it was probably a typo. Stupid either way, these people are really dumb.

Last edited 2 years ago by debtsor
Dave Hardy
2 years ago
Reply to  debtsor

Posts like this are the reason I’ll never take you seriously and continue with the criticisms. They did it on purpose as some sort of sophisticated dis against the bourgeoisie? I hope you’re the only one upvoting your own posts. Hhahahahahahhahahaha

debtsor
2 years ago
Reply to  Dave Hardy

I’m not being serious, Dave. That’s why people upvoted it.

GM
2 years ago
Reply to  debtsor

I’ll be happy to add that I upvote most all of debtor’s posts… 😉

Platinum Goose
2 years ago
Reply to  GM

I do too, and I like when he references history, interesting to me because I didn’t pay attention to history in school.

debtsor
2 years ago
Reply to  Platinum Goose

Thank you for the appreciation. I feel like I’m an old man screaming into the void but I’ll occasionally see some of my comments upvoted, and once or twice, I’ve heard someone more prominent in the conserve-o-sphere mention a topic I ranted and raved about in the comments section here, and it puts a smile on my face.

Platinum Goose
2 years ago
Reply to  debtsor

A bunch of downvotes can be a positive sometimes. It shows a socialist tipped off all his socialist friends.

Old Joe
2 years ago
Reply to  debtsor

Debtsor, I like your prose and you do your homework.

debtsor
2 years ago
Reply to  Old Joe

I’ve become the amateur scholar of communism in the past few years. For a long time I believed that some form of corporate neo-feudalism was our likely future. I studied a lot of serfdom and the middle ages. But the haze in the crystal ball is starting to clear and it’s showing that our future is actually communism, with the large corporations doing the bidding of government to stay in good favor. The smarter communists are starting to do this, with all that WEF, ESG, corporate diversity scores, etc, forcing corporations to do government bidding. Brandon however is really stupid,… Read more »

GM
2 years ago
Reply to  debtsor

Yup, EXACTLY, debtor. I too have been fascinated by communism from an early age. In the late 70’s I visited friends who “lived behind the Iron Curtain”, in East Germany and Czechoslovakia. The Czechs, especially were a tragic case. During the interwar period it was a fine place, democratic, prosperous, and the 10th biggest economy in the world – on a level of a Sweden. The commies wormed their way in after WW II ended, using “soft power” to take over key government ministries, trade unions, media, and the military. People very foolishly listened to their words about “democracy” and… Read more »

debtsor
2 years ago
Reply to  GM

Exactly, it just happens because a small committed group of people want it to happen, and then everyone suffers.

GM
2 years ago
Reply to  Old Joe

+1000

Steve H
2 years ago

But wait, there’s more! Just a matter of time before Mayor Root Causes Johnson pushes for reparations.

Silverfox
2 years ago

As you vote, so shall you reap.

Bernard Montgomery
2 years ago
Reply to  Silverfox

Your post is slightly off. Under Brandon it will be, “As you vote so shall you weep.”

Silverfox
2 years ago

That, too !

JackBolly
2 years ago

Que the trumpets for ‘The Kenyan’ to make his appearance.

Hello, Indiana!
2 years ago
Reply to  JackBolly

He’ll make an appearance as needed. Like Santa, he pops up when needed and then slips into the night.

MHD
2 years ago

Under the circumstances, this is the proper way to display Chicago’s flag. Alas.

David F
2 years ago

Stop digging, Bankruptcy NOW!

John Proud MAGA
2 years ago

Angela Fuqing Davis?? I guess murdering terrorist don’t go away, they just get older.

BLM Brandon is so predictable. Every move he makes drives more people and companies out of Chicago.

jajujon
2 years ago

Johnson is practicing a long, successful marketing tactic known as mark up to mark down. Let his allies make outrageous financial demands on the citizenry of Chicago, then he says, “No, no, we only need $800M,” as if that’s far more reasonable. I’ll admit that he and his henchmen are bold right out of the gate. Chicago may soon regret the choice they made on April 4, 2023.

JackBolly
2 years ago
Reply to  jajujon

Is it boldness, or do they just fully realize no one will stop them? Kinda like the looters on the Mag Mile.

Dave Hardy
2 years ago
Reply to  jajujon

No, this is clown world! I’m dedicating an entire thread to this joke of a document. Mark up to mark down?? You and Johnson don’t know a thing about contracts, behavioral economics, consumer psychology, etc. This isn’t a flea market.

Tommy Paine
2 years ago
Reply to  Dave Hardy

Actually, it is you that doesn’t know a damn thing about negotiations, politics, the government sector.

Dave Hardy
2 years ago
Reply to  Tommy Paine

I’d love to hear your communism is good for business pitch. Please don’t hold back.

Willowglen
2 years ago
Reply to  Dave Hardy

Dave Hardy – I have no quibble with your explication of negotiation. Those principles work when both parties care about a desirable outcome. Here, Johnson and his cohort don’t care about desirable outcomes for the City, just their friends. Don’t take this as being unduly critical – your points indeed describe why Johnson will be a catastrophe (to what degree, we shall see). But there is little hope he will be responsible. I note that Jennie Huang Bennett – in her last gasp as CFO – competent she is – is beseeching politicians to delay the Tier II firefighters vote… Read more »

Dave Hardy
2 years ago
Reply to  Willowglen

I get it. I’m also familiar with the strategies Johnson and some of these goons could be evaluating / implementing. It appears they are venturing into guerilla tactics, or what the U.S. military refers to as unconventional / irregular warfare. There’s substantial doctrine that has been developed by militaries and private interests to execute and counter similar strategies. I plan on commenting on them from time to time, so look out for it. Here’s an infographic from the Special Operations Research Office that neatly sums things up.

Dave Hardy
2 years ago
Reply to  Dave Hardy

Here’s another similar chart.

Dave Hardy
2 years ago
Reply to  Dave Hardy

There’s no need to be overwhelmed. Movements like this seize and exploit vulnerability. A common tactic for these movements is to overemphasize vulnerabilities and diminish morale. Bad news is highlighted and strength building wins are disregarded. You’ll see it in just about all the major comment sections of news and political sites. Phrases like: “We can’t win,” “They’re too powerful,” “The majority voted for this,” “You’re better off moving,” “They’ve been in power for 70 years,”etc. are a dead give away.

Last edited 2 years ago by Dave Hardy
Dave Hardy
2 years ago
Reply to  Dave Hardy

Here’s a simple chart that sums things up.

debtsor
2 years ago
Reply to  jajujon

His people are ideologically committed to the $12,000,000,000 a year in new taxes. They’ve already spent the money in their head transforming Chicago into a progressive utopia. These taxes are punitive and intended to punish the business community that supported his opponent. It’s a straight up Hugo Chavez playbook. BJ said he was going to do this, it was his entire platform. BJ is not a smart person. That dumb grim he always has on his face is because there is nothing going on in his head, it’s the ice cream truck music playing in his head every time he… Read more »

Willowglen
2 years ago
Reply to  debtsor

My brother – a well known economist – was asked in a public q and a forum why Venezuela is in such trouble and people are leaving. He responded that they are starving, and then said, next question? Welcome to socialism and state control.

jajujon
2 years ago

The very same Angela Davis, symbol of the black power movement, whose ancestors traveled on the Mayflower to the new world and who were also slave owners. I’m still awaiting her opinion on reparations. That should be interesting.

Komrad Johnson sitting down with Komrad Davis. That, too, should be interesting.

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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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