Ted joined Chicago Tonight to discuss the state’s looming budget deficit and the desire of many advocacy orgs to increase spending on specific groups. Ted said: “Now if they want more tax hikes, that’s a big problem and it’s always the little guy that loses when these tax hikes come up… if you try to make the rich pay for them, it hurts jobs and job creation. It chases wealthy people away from the state. Fewer investors and fewer wealthy people in Illinois means less investment in jobs.”
Read more from Wirepoints:
- Wondering how Illinois’ projected $3.2 billion budget deficit disappeared?
- West Coast gas prices for Rust Belt Illinoisans.
- 2024 data: Not a single child tested proficient in math in 80 Illinois schools. For reading, it was 24 schools.
- Illinois isn’t building homes. Housing stock is up less than 1% vs. 2020, nation’s 2nd-worst performance.
- Illinois metro areas take the top four spots for nation’s highest property taxes. Rockford takes the crown.
Audio and summary 
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.
Such predictable Wirepoints tactics: State some really illuminating and insightful facts followed up with “move out!” You are purposely destroying the base and momentum against Democrats!!! We know you’re doing it. You know we know you’re doing it. Stop!
We have never told people to move out. Don’t lie about our position on things.
Dave Hardy at it again. We just need more positive pamphlets, right Dave? lol
I tell people the only way out is to move out with pride. It is the only way to solve the huge taxing problem in Illinois; it is the ugly truth like it or not.
6.45% income tax rate? That would be 6.45% more than Florida. Sounded like the 2 guests want to keep people dependent on government where Wirepoints wants them to be master of their own destiny. She should have also proposed a higher tax on U-Haul and moving companies.
Spot on. The public sector pension costs are driving taxes higher and higher. It is destroying the quality of life for most everyone. But still nothing is done about it. So, suck it up or leave the state if you do not like it. One day the checks will bounce, and it will be too late for Illinois ever to come back to the glory days.
The ‘rich’ ones the left wants to soak so badly are completely mobile.
They don’t need Illinois. Illinois needs them.
Political animals would do well to figure that out. Soon.
Just ask Ken Griffin!
The Curley effect is in full swing in Illinois.
Democrats define “rich” as anyone still living in IL, since they can afford the current tax burden, surely they are rich and deserve to pay more.
I think core services , as mentioned , aren’t core services for most. They are services we wouldn’t need if there were jobs to be had. The working people of this state can’t afford the non working. One group needs to change.
Society is made up of 3 types of people – “cans, can’ts, and won’ts”. The cans are more than willing to help the can’ts. But there is no way the cans are able to support the can’ts AND the won’ts.
Spot on Ted. There used to be a rich guy that lived in Chicago. He took his company, jobs and employees to Florida.
JBP said good riddance even bought his old crib!
JB got rid of Griffin who financed his political opposition.