Gamblers in Biggest Illinois Valley Cities Lost Nearly $20 Million in Last 12 Months – WAJK

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Rick
8 years ago

Gambling became a claw back tax on the poor in Illinois. Crappy odds. One only needs to look at the clientele in a casino, it’s not tuxedos and diamonds like a James Bond movie.

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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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