-- Connecting the dots between our economy, government and business --
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Full interview and summary linked here.
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No sympathy for those who keep pulling the blue handle!
Just like COVID, we’re only beginning to feel the tax pandemic that’s sure to spread across all of Illinois.
Wow…how stupid. When she votes for these “programs” amd give aways…where the hell did she think the money for them comes from?…It really is laughable that people like this have no idea that their decisions and votes do change their lives…time to put your money where your mouth and vote is dear…
In the Northwest suburbs a modest home is paying $7,000+ in property taxes – please excuse my lack of sympathy for your $5,000 tax bill.
Keep fighting for more freebies and this is what you get … an activism tax increase.
The more you get, the more we all pay.
There are no free lunches, Janet.
So for years she voted for all the programs that hiked taxes and now in the aftermath gets to hide from the full effect of her votes by getting senior tax exemptions. Seems rather unfair that she can get exemptions on taxes she and others created forcing the younger set to pay for her idealistic dreams of utopia in Evanston. Eliminate these assorted exemptions so that all the people that vote for these expensive programs pay their fair share thereby lowering the tax bite for everyone across the board.
So she promoted social justice for six decades as long as someone else pays for it? Sorry Janet, put your money where your mouth is.
“I’m very upset about the tax bill,” Lifelong Evanstonian Janet Alexander Davis said. Property taxes on her home increased more than 100 percent between 2021 and 2022.
Sorry Janet, you’re on the hook for Reparations via the City Council and pensions for Pensions Paid First and all his co-workers.
Pay up, sucka!
Has she ever voted for fiscal conservatism? I doubt it.