Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
10 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 --
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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.
From the article: “A recent report by Moody’s Investors Service concluded that the state is now among the least prepared for a moderate recession, with enough reserves to last only about two weeks should such a crisis unfold.“
From the referenced report:
Moody’s Analytics
Stress-Testing States: Looking Toward the Next Recession
September 2022.
Page 13, Appendix A, Table 2: State stress-test results as a % of fiscal 2021 general fund revenues.
Illinois is in last place.
https://www.economy.com/getlocal?q=a7a91c91-cad1-447d-a03f-cd48c8cdaa21&app=eccafile
Illinois repels business/job creators for many reasons: — the most business hostile laws/regulations in America — the most burdensome tax structures/tax rates in the US — a failing educational system at all levels — the worst fiscal basket case among all 50 states — out of control crime/soft on crime Democrats that have made law and order impossible — crooked and corrupt unions that have a stranglehold on government — the worst corruption of any state/one party misrule — a Democrat state energy suicide pact that will give Illinois 3rd world power blackouts and last but not least — a… Read more »
This will be considered good news in a few years. Things are going to get much worse. Illinois has decided to destroy private enterprise and it is working.