Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges
June 12, 2026
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Audio and summary linked here.
-- Connecting the dots between our economy, government and business --
A mess of uncertainty and litigation is sure to follow.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
A small part of the article reads “with generous helpings of COVID emergency money from the federal government” that is a large part of the article; meaning a lot of the funding came from the Covid spending spree. The article is cleverly reticent on the actual amounts but does report that a 28 billion tax increase is needed now to save 35 billion in the future. What choice do you think the Illinois voters will choose; a tax hike now or a bigger tax hike later? My guess is that the tax later will be the choice following the old Proverb… Read more »