Illinois is giving half a billion in tax incentives to a Chinese-linked EV company – Wirepoints joins Greg Bishop on WMAY

Mark joined Greg Bishop of WMAY talk about the controversy of Illinois agreeing to give $500 million to Chinese company Gotion to build an EV plant in Illinois. Mark examines the overall risk of taxpayers subsidizing a business with ties to the Chinese Communist Party.

YouTube player

Read more from Wirepoints:

3 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Giddyap
2 years ago

Chinese Communist Party-Linked Company Building Battery ‘Gigafactory’ Near Key Military Sites In Illinois – Daily Caller

Riverbender
2 years ago

And then they say they can’t afford to fund the pensions…
And then they say there needs to be Statewide help for Chicago’s deficit…
And then they say…

Hello, Indiana!
2 years ago
Reply to  Riverbender

“ No soup for you!” But plenty of rice…

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

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.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE