Cannabis consumers in Illinois paid nearly $10.5 million in taxes in January – Center Square

In addition to the $7.3 million in cannabis excise taxes that consumers paid, there’s the state’s 6.25 percent sales tax that’s also applied to the sales of adult-use cannabis. That generated an additional $3,147,928 in taxes.

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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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