Willie Wilson: Proposed millionaire tax is an effort to keep up with the blue state Joneses – Chicago Tribune*

"Raising taxes without providing better services and demonstrating a good return on investment is bad policy. Tax policy should be proportional rather than punitive — punishing high earners contradicts principles of personal productivity. Public policy that leads to nonpersonal productivity is harmful to the state and detrimental to the well-being of the person."
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David F
19 hours ago

I don’t always agree with Willie but he’s certainly not the idiot like most of the democrats in the state. Willie is spot on with this but has missed and important point… The solution for re-estate and all the bloated taxes in Illinois is to CUT SPENDING. Each of JB terms in office has raised the state budget 20% so it’s nearly 50% higher than when he took office. The sanctuary policy for illegals has cost the state over 2 BILLION and the cost to transport, house, and pay for abortions for people that not even residents of this state… Read more »

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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

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.

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