“Chicago’s civic titans would never invest their money into something so broken, so corrupt as Illinois’ government, yet they say taxpayers must” – Ted on the Morning Answer

Ted was on Chicago’s Morning Answer talking to Dan Proft and Amy Jacobson about the Civic Committee’s latest budget proposal. The committee wants to hit Illinoisans with $6 billion in new taxes – in part by taxing retirements and by raising sales taxes on services.

Ted pointed out that none of the corporate titans on the committee would ever pour their own money into a business as dysfunctional, bloated and mismanaged as the state of Illinois, yet they’re demanding that struggling Illinoisans do so.

Read Wirepoint’s full reaction to the Civic Committee’s proposal: DOA: The Civic Committee’s New Budget Proposal Will Get No Support – And Shouldn’t

 

2 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
Shirley Miller
7 years ago

?

jeff
7 years ago

all the guys on the civic committee are bulletproof. 1% raise here or there, they don’t care. Heck, raise their property taxes by 50% and they wouldn’t blink. out of touch with the commoners is the problem and their thought that public pensioners are “owed” the money. the social contract was broken a long time ago by politicians that used the system for patronage.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check what you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

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.

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE