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Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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The city is taxing women for being afraid to ride public transit after dark. For many women, it’s the “last mile” – that walk from the bus or train stop to their destination – where they are most concerned for their safety. And now they will pay extra.
Well maybe these women of loose morals shouldn’t be out after dark. The extra surcharge should hopefully discourage some of them from strumpeting around town.
I’m just kidding of course. The purpose of this tax is specifically designed to tax ‘rich’ people because rich people use ride share more than other demographics.
Doesnt the ride hailing tax revenue go to cta– with its plummeting ridership and to pay for cta pensions (that none of us or riders will could ever dream of).
Will they tax “Thumbing a Lift” and/or just giving a ride to a friend or family member to a doctors office or shopping? In California you get a fine for driving alone in the carpool lane. Soon in Illinois you’ll get a fine for HAVING a carpool without a license and getting a fine for driving alone WITHOUT a carpool.
wow that is an insanely high fee, just more of the usual nickle and dime job the city loves to do
Wonder how city go about determining if the ride was within downtown zone or not?
Tracking, of course! This is merely a precursor to tracking – and taxing – vehicles driving in and out of downtown. The city tries to make life as onerous as possible for residents of cook county and beyond who need to get into the city limits.
Knowing how greedy government is I wouldn’t be surprised to see the highest tax imposed on all rides and then force Uber to prove which rides are eligible for lower taxes and apply for refunds