Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
-- Connecting the dots between our economy, government and business --
Audio and summary 
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.
But retirees earned the COLA increases!
Has anyone ever calculated the impact of the guaranteed 3% cola versus rate of inflation increases to state pensions since Thompson enacted this misguided legislation?
Some previous work indicated that the COLA alone accounts for close to 40% of the unfunded liability. Stay tuned! We will have more out on that question soon.