Column: Conned or convinced? It’s a matter of perspective – Champaign News-Gazette

Jim Dey: "Thirty-four states have progressive systems while 16 impose flat-tax rates or no income tax at all. Clearly, there is more than one way to do business and good reasons for doing so. But politics is about winning. That’s why the amendment proponents and opponents fashioned arguments designed to strike an emotional chord in their audience."

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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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