Some question tax credits for ‘adversary’ to bring battery plant to Illinois – Center Square

Wirepoints founder Mark Glennon said the $536 million in tax credits for Gotion does not include federal tax credits as part of the Inflation Reduction Act. “Enormous credits are available and the source that we have indicates that this will come to some $6.5 billion over the first five years,” Glennon said. “Six-and-a-half billion for a plant that’s only going to cost $2 billion to build.”
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Giddyap
2 years ago

Filthy communists need useful idiots like “JB The Hutt” to rob American blind

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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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