Wirepoints’ Mark Glennon on AM560: JB Pritzker’s 70-Page Federal Wish List and Why Nobody Asks “How Are We Going to Pay for It?
Governor JB Pritzker’s 70-page federal wish list would cost trillions of dollars, but not a word is provided on that or how it would be paid. Summary and audio linked here.
New Trier High School made national headlines nine years ago as a “canary in a coal mine” for political indoctrination in public schools. The canaries lived.
Among the consequences of economic growth that badly lags national averages are billions of lost revenue every year. Yet denial reigns in Illinois, fueling the vicious cycle of demand for higher taxes.
This is crony capitalism among incompetent morons at its worst.
As an side, the article got a few points wrong – the article says that the city isn’t going after the former owner for taxes. That’s because they can’t. Real estate taxes are ‘in rem’ which in Latin means ‘against or about a thing’ – meaning that real estate taxes only go against the real estate, not against the individual. The article was confusing the city fines against the previous owner – which do have personal liability – and didn’t differentiate between the two very well.