Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges
June 12, 2026
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Audio and summary linked here.
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A mess of uncertainty and litigation is sure to follow.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
We’ll soon see if the aldermen and alderwomen honor their vow of not voting to approve a budget that includes a PT increase.
Look around. DO you see any democrat politicians who care? Didn’t think so.
While it’s true that real estate taxes are higher in Illinois than almost anywhere else, pensions and IRA’s are thus far exempt from Illinois state income tax. Neighboring states of Indiana, Wisconsin, Iowa, Kentucky, and to some extent Missouri tax pensions and IRA’s, exempting only Social Security.
Not taxing retirement income is the one thing keeping a huge number of Illinoisans, including many of our public sector hero retirees, from moving out of state.
We hear it is good to be a lifelong learner. If these older Chicagoans have voted for Democrats for most of their adult life, it is good that they learn and experience the consequences of their actions.