For years, voters in some states have acted as if government financial problems, including massive pension debt, weren’t real. Everything would work out somehow, they seemed to believe. Take a look at Illinois and the nation’s third-largest city to see how that bet is playing out.
Really it kind of is a non-issue. Upper middle class people in they city have zero, literally zero reason to complain about higher taxes. that’s who they vote for, they vote for candidates who openly advocate to raise taxes on the ‘rich’. There should be no surprise when it turns out ‘they’ are actually the rich. I tell upper middle class progressives in the city this all the time. The poor people in chicago barely pay taxes any ways, and the tax bill which is factored into rent really isn’t all that much. Most landlords lose money in real estate… Read more »
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.
Really it kind of is a non-issue. Upper middle class people in they city have zero, literally zero reason to complain about higher taxes. that’s who they vote for, they vote for candidates who openly advocate to raise taxes on the ‘rich’. There should be no surprise when it turns out ‘they’ are actually the rich. I tell upper middle class progressives in the city this all the time. The poor people in chicago barely pay taxes any ways, and the tax bill which is factored into rent really isn’t all that much. Most landlords lose money in real estate… Read more »