Wirepoints’ Mark Glennon on AM560’s Morning Answer
April 22, 2026
No Comments
Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
Illinois ‘millionaire’s tax’ proposal faces political barriers and a tight deadline – Crain’s
SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
FOLLOW US
WIREPOINTS ORIGINAL STORIES
Audio and summary Illinois bill would override local law to allow homeless living in all public parks – Wirepoints
April 14, 2026
34 Comments
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.
Mark Glennon on AM560’s Morning Answer: Chicago Fiscal Crisis Worse Than Pre-Bankruptcy Detroit, HIV Surge and Public Health Threat From Open Borders Goes Unreported
April 10, 2026
2 Comments
Summary and audio linked here.
Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades
April 3, 2026
9 Comments
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.
Is IL going to tax Pritzker’s off shore accounts?
Put me down as a “No”.
rampent corporate greed is destroying this country. according to Warren Buffett, if the IRS fairly taxed the 800 largest US corporations, private citizens would not owe any federal taxes, including SS. why would anyone not in the top .1% of earners NOT support changing this?
Because they think there are better ways for their money to be used.
better ways than making multi-billion dollar corporations pay their fair share? this is the inevitable outcome of living in a corporatocracy.
Let me guess, you’re against tariffs but obviously support increasing corporate income taxes. How does one believe that tariffs are paid by the consumer but corporate income taxes are just imposed on corporations with zero cost to consumers? You can tax corporations all you want but just understand that the consumer, aka taxpayer, will ultimately pay.
The Fortune 500 hit a record $1.87 trillion in profits last year. Federal tax revenue was $5.62 trillion last year. Your math doesn’t work.
you need to read better-it’s Warren Buffets math not mine.
So you basically just repeat things you want to be true without any due diligence on your part. That’s the problem with the average voter. They look for a sound bite that aligns with their desired outcome rather than actually looking at a policy decision to actually determine if it has any merit. Bravo Also, Warren Buffet never said that. Yes he has advocated for a more progressive tax system but has never made any such wild claim that taxing the top 800 corporations would allow private citizens to not pay anything. It sounds like your social media algorithm provided… Read more »
I read just fine. Warren Buffet didn’t post it, you did. A little common sense and a quick google search would have told you that it doesn’t fly and that Warren Buffet probably didn’t say it.
What makes you think that Ahimsa can do math? As a leftist, thinking is not his strong suit. Inherent in the scum’s rant is the idea that he is somehow entitled to someone else’s money because he thinks they are “greedy.” Newsflash: It’s their money. Not yours. You believe you are entitled to what they have because they have it and you don’t. That’s not fairness. That’s envy. That’s your greed. If you don’t like the 800 Largest companies in the US, I hope you don’t have an apple phone or a microsoft product. What a complete mental midget.
Because many of us remember the argument for starting a lottery- all the money will go to education, how wonderful, who could not go along? The lottery money is now just part of the big pot. It is not an additional source of funding. The same thing will happen again once Springfield gets their hands on it.
https://www.illinoispolicy.org/think-those-illinois-lottery-tickets-helps-schoolkids-think-again/
Pop quiz. How do corporations source funds to pay their taxes?
From greed, of course, the same way they get all their funds. Don’t try to confuse leftists, they already have it all figured out. Greed or racism are the all purpose answers to every problem.
Stop talking about it. Just do it. The demofilth have been pushing different forms of this for years. They will find a way to do it and make it stick. After all they have super-majorities in both chambers, a soon to be re-elected communist governor, a bought and paid for Supreme Court, a lap dog media and a diaper wearing idiot soon to be re-elected in Chicago by the dumbest people on the planet. They have no intent on making anything better because they believe failure will usher in socialism. Not doing it just prolongs the certain catastrophe headed for… Read more »
The new tax is being sold as a way to reduce property taxes for the masses but the article points out that there is a fear that “lawmakers will win funding for their own pet projects.” Based upon history we know the answer to that quite well. The lottery-education funding shell game should be evidence enough to say it all. Illinois needs spending cuts, not more tax and spend.