The bonds, modeled after an initiative with the same name in Kansas, were created by Illinois law more than a decade ago to allow governments to pay for construction, land acquisition and other project costs with future sales taxes generated by the development. The bonds are fulfilled in 30 years but payments must be every six months.
Malls are dying out and are a bad investment to make. Sounds just like what government will do with taxpayers’ money. Let the free market decide what is needed on its own economic merit.
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.
Malls are dying out and are a bad investment to make. Sounds just like what government will do with taxpayers’ money. Let the free market decide what is needed on its own economic merit.