Wirepoints’ Mark Glennon on AM560’s Morning Answer
April 22, 2026
No Comments
Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
"Property taxes, CPS’ primary revenue source, constitute roughly half of its operating budget. Since 2012, the district has raised property taxes annually to the statutory limit to match cost of living increases, or 5 percent, whichever is less. Despite (Mayor Brandon) Johnson’s campaign pledge not to raise property taxes, his board continued the practice this year, recognizing the necessity of raising new revenue."
SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
FOLLOW US
WIREPOINTS ORIGINAL STORIES
Audio and summary Illinois bill would override local law to allow homeless living in all public parks – Wirepoints
April 14, 2026
34 Comments
If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Mark Glennon on AM560’s Morning Answer: Chicago Fiscal Crisis Worse Than Pre-Bankruptcy Detroit, HIV Surge and Public Health Threat From Open Borders Goes Unreported
April 10, 2026
2 Comments
Summary and audio linked here.
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
April 3, 2026
9 Comments
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.
They recommend various options for increasing the amount of money spent on “education.” Apparently they believe schools are doing a really good job and just need more money, which is news to me but I am not an expert. That said, one way to gain some revenue without burdening the economy would be to assess vacant land at 25% of value, like commercial, rather than 10% as currently done. The County Board could make this change by ordinance. Some of the vacant land would end up being developed with housing or other needed structures, and the rest at least would… Read more »
Close it. Fire them all. Start over…or don’t.
Thought we were losing people?? why would you need more money for less people?? OH I FORGOT…..GOTTA SUPPORT ALL THE ILLEGALS!!!!!!!