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.
Excellent editorial states the average tax cut the machine advertises as part of fair tax would be “less than the cost of ordering a pizza” for average tax paying schmuck!!! Talk about selling trinkets to the indians…the lowest exploitation/ usury!!!
Illinois is a laughing stock.
No on the tax because it will go farther in to the sewer.
All other states should look at Illinois and see what dems do to a state.
It won’t be the laughing stock it dems take Washington and bail it out. It will be the blueprint for all dem states.