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.
Now taxpayers need to organize to resist paying ridiculous property tax’s for services not rendered like parents forced into the roll of being teachers/limited police protection for fear of retribution when they make an arrest for anyone of color. If businesses can organize, taxpayers should also band together.
Good idea, but it will be a cold day in hell when anybody gets off there as-es in this state and protest against Springfield and local school districts, for some reason people in this state think there gods. Only reason they won’t speak up FREE STUFF
Just a way that Illinois wants to gather money from their already stretched citizens and business. I do not blame businesses if they leave Illinois. It is not in their interest to remain in this state. What benefits are they getting?
Just speculating, but are some of those businesses paying off the tax collector? As a young lawyer, decades ago, a client asked for help opening an office in Chicago. Several of my older colleagues recommended having the client hire a “Chicago lawyer.” Later the client thanked me because, as he quipped, “in Illinois, it takes a lawyer to bribe an assessor.”
(Since then, “my” law firm has opened a Chicago office and staffed it with long-time Chicago practitioners.)