Ted joined Ray Stevens to talk about the dismal growth of wealthy taxpayers in Illinois and why it’s important to keep successful people in the state to create greater economic opportunity. As Illinois politicians target wealthy residents to fund Chicago and the state, many millionaires are taking their money to greener pastures across state lines.
Read more from Wirepoints:
- Illinois has a millionaire problem
- Chicago’s Mayor Johnson wants the ultra rich to ‘step up.’ They’re more likely to step out.
- Sen. Tammy Duckworth endorses political violence, calling L.A. riots mere ‘civilian dissent’; blames National Guard and Trump for creating chaos
- Common sense prevails for once in the Illinois statehouse
- Illinois’ New Budget: Hypocrisy and Deceit Are Now Grotesque in the General Assembly.
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.
Even if you’re not a millionaire, the best thing you can do for your family is to leave Illinois. It is not going to get any better anytime soon. Taxes and crime are going up and services are going down. Some of the highest taxes and a deficit in the local, county and state budgets. A Pension debt that is impossible to pay for and will keep economic growth down for generations to come. Tax and spend is what the politicians will continue to do.
So the best thing people can do is save a few bucks and move away from their family and friends? Some people value the life they built more than a couple of dollars.
This is a huge problem, and nobody wants to talk about it. Look what happened to the South Suburbs from the mid 1960s to now. All the small businesses left. University of Chicago employees, Amoco Oil execs, all the lawyers and insurance execs who took the IC railroad downtown every day– they all left. It happened because of high property taxes, flat property values, workers comp costs for small businesses, public high schools slipping in rankings year by year, and scary crime problems on the expressways trying to get into the city. Now the same problems are creeping into the… Read more »
How can the Democrats be that stupid to not see this coming? Not everyone can be like Pritzker and have offshore accounts.
It would be more accurate instead of calling them millionaires to refer to them as small business owners who employ the local labor force. And people complain about chain restaurants but these are local people who buy a franchise and employ people in the neighborhood.
No one likes to be gouged. Have to lower taxes to a reasonable level. Unfortunately, the public sector unions are always demanding more money, and the politicians sell out the taxpayer every time.
Wealthy people and Chicago will soon be parted.
But, unfortunately, governor WIDE-LOAD will be staying
He’s already gone because of his multiple ‘residences’ in different states. This will never touch him.