Wirepoints’ Mark Glennon on AM560’s Morning Answer: Spencer Pratt in Los Angeles Mayoral Race Offers Chicago a Blueprint
June 4, 2026
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Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Audio and summary 
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
IMO, don’t retire in any of these states.
Aggregate state and local pension debt by state
Net pension liabilities (less any net pension assets) of state governments, county and municipal governments, and school districts at the end of the 2023 fiscal year.
StateNet Pension Debt1
Report: State and local governments have $6.1 trillion in debt – Reason Foundation
Taxpayers need to have a peaceful protest. We get shafted in Illinois.
Taxpayers aren’t getting shafted. You get to choose your elected representation and if you are unsatisfied with their voting record you are free to choose someone else. Your elected leaders didn’t pass this so you got your wish. You may not always get your way because you live in a society with others that have different interests. The losing side needs to remember that the next time they don’t get their way. When Trump does something that democrats don’t like, it doesn’t mean he is a fascist nor does Democrats getting their way in Illinois means taxpayers are getting screwed.… Read more »
Public pensions need to be restructured to be similar to private pensions. This bill is just the Democrats just buying votes on the backs of the taxpayers. Let public pensions go bankrupt, as these pensions are not sustainable, let alone funded.
Democrat Translation: Just shut up and pony up. We don’t care how much this hurts. We don’t care at all about you. We are systematically stealing your money and there’s not a damn thing you can do about it as long as our constituency consists of blacks, lunatics, delusional liberal women, gays, freaks, losers and illegals. We out number you and we can manipulate this motley crew of miscreants, which by the way we vehemently hate, to do what we tell them.
Real estate taxes should be based on a percentage of income you can always plan for a percent of income. Poor people don’t live in mansions and millionaires don’t live in cheap apartments.
No one should lose their home or be forced to move because they can’t pay their real-estate taxes when they retire.
I’m not disagreeing with your premise that owning a home doesn’t indicate the ability to pay a tax. What you are suggesting though is a tax based on income and not on real estate value. So get rid of property taxes and raise income taxes? Do we now start charging wealthy or well to do retirees an income tax? Based on the amount of property taxes currently collected in the state, the new income tax rate should be in the 8 to 11% range. Maybe on the lower side if we start taxing retirement income. I’m sure all the people… Read more »
How about the idea that if people want lower property taxes we don’t look elsewhere for more money, and simply start cutting spending. I’d be willing to bet that anyone stuck living in this state couldn’t even tell what the difference in services has been since Springfield decided to spend an extra 15 billion.
Benefit promises and expectations are beyond the ability or inclination of taxpayers to pay. The well is as dry as Arizona aquifers. Legal theory has transitioned to fantasy. “Need to raise taxes” is forlorn hope. The corollary is that pensions can’t and won’t be paid in full. It’s like saying the Bears need to win the Superbowl or I need to lose weight. Will but no way. Time to get real. High energy but the City and State and their courts can’t simply order done what can’t be done. Pants on fire rhetoric repeated like a cheerleader simply makes you… Read more »
Illinois taxes suck big time. Pensions that far exceed anything a private citizen would ever receive are chasing away everyone. Leave the state of Illinois, it will be the best day of your life. Raising pensions when they should be changing the Illinois constitution to make pensions not guaranteed by law. PPF would have a cow if that were to happen.
Illinois residents are now no different than serfs in the Middle Ages.
Proving that Democrats are regressive, not progressive.
Illinois already has the highest property taxes in the country and is looking to spike them upward with this bill. Is there a limit to how much this state dares to abuse its taxpayers?
no
No