Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
19 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Robbing Peter to pay Paul.
Just another teat for bond counsel to milk the public and assure large political contributions for the politicians who select counsel. The wry joke that public law benefits the public. Right up there with school law and public pension law. And who do you suppose writes those laws? In the wings one will find the municipal bankruptcy lawyers. Professional fees in the Detroit bankruptcy were $178 million AFTER fee reductions by the lawyers. And … Multiple law firms pile on to challenge interim decisions or to supervise the challengers. After all, “you don’t make me mad if you sue my… Read more »
Cook County and Preckwinkle need to cut wasteful spending. Start with guaranteed income and spending on illegals.
Here is a good explanation of the mechanics of TIF-based taxpayer abuse: https://www.civicfed.org/blog/setting-record-straight-how-tax-increment-financing-tif-actually-interacts-chicago-public There is a limit to the amount that CPS can increase property taxes each year: the lesser of 5% or CPI for the preceding 12 months according to the Illinois Property Tax Extension Limitation Law (PTELL). As a home rule unit, Chicago is not subject to PTELL but has enacted an ordinance applying the same limits; however, it can and does regularly waive the limitations and the “advisory” limitation does not apply to pension obligations. Why is the PTELL limit for CPS not applied if the TIF… Read more »
TIF has become a SLUSH FUND FOR PANIC ATTACK.