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.
Let’s go Brandon…
Good Idea, tax the rich till you do not have any left. The only rich will be the cops, teachers, and firemen who make all the money, benefits and HUGE PENSIONS at a very young age.
Last I checked the suburbs have over 6 million people and Chicago only 2.7 and shrinking. CTU socialists should learn maff.
Just more proof that CTU teachers are dunderheads. A suburban Metra tax would only kill off what little Metra ridership remains after the Wuhan Virus Democrat sanctioned riots. An employee head tax would only further shift jobs out of the city and into the suburbs. This is CTU Democrat foolishness on full display. This clown was teaching our children?
What circus did this clown escape from?