-- Connecting the dots between our economy, government and business --
A growing wave of property tax reforms is underway across multiple U.S. states, driven by homeowner frustration over soaring housing costs and rapidly rising tax bills.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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Wait! JB the Hutt’s Madiganistan isn’t on the list??
Of course not.
JB the Hutt puts his short-lived efforts behind ensuring he’s the worst governor in America.
Solution is throw out the democrats ! Stop importing millions of third world illegals and free loaders.
I agree 100%, no other solution.
There should also be a discussion of which states are lowering their state income taxes. Lot of overlap. Could you ever imagine IL lowering income and property taxes? When will h**l freeze over?
I’m saving lots of cash since leaving Illinois for Florida….no state income tax, property tax is half the amount I paid in Crook County, gas hovering around $3/gallon, lower sales tax, and the list can go on.
I even saved 5% on my property tax bill by paying it early. That would never happen back in Crook County. Governor DeSantis is proposing eliminating property taxes on homestead properties.
Boooyah Colorado!!
Illinoisans,
Stay and Pay
Leave and Save
Time to vote with your vote feet and leave da tax black hole Taxistan has become!!
And we’re are the people of Illinois voicing frustration huh, Cook County is not the only county in Illinois, it’s time for everyone to start being heard loud and clear just not bitchi-g about it. Come out of the dark room and be heard, freebies need to end go to work get off your lazy laurels and contribute to society, society is tired of contributing to you.