Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges
June 12, 2026
2 Comments
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
I have to disagree that the pensions are on the verge of collapse. Illinois has plenty taxing ability to even the point of taxes becoming confiscatory and guess what? The voters voted for it.
Agreed RB. Though in fairness to the author, it’s much harder to gain attention to a matter if you state that pensions could run into some real trouble 20 years down the line and taxes will need to be raised to cover the short fall.