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.
At some point JB will look to make gasoline powered vehicles illegal in Illinois. He would do it tomorrow if he could.
Giving tax breaks to a company that loses $35K on each luxury car doesn’t make a lot of sense. Hope it works, but likely yet another scam on the Illinois Tax payer.
Let’s shove the elec. bs down everyone’s throat
For every dollar they give a company, another company or taxpayer has to make it up.
Sounds fair by democrats’ standards.
Either, every business gets tax breaks, or none do. The tax code should treat every business exactly the same.