If you’re frustrated with Illinois’ educational results, you may want to follow the money from teachers unions. In the last four years alone, Illinois lawmakers and political candidates have taken nearly $30 million in contributions from teachers unions and their national affiliates.
Lawmakers conveniently ignore the full impact of inflation when it comes to ordinary Illinoisans. Take the personal exemption on the state income tax. For tax year 2023, the exemption will not rise with inflation as it should under current law. And that means a higher tax bill for everyone.
Wirepoints President Ted Dabrowski testified on April 10, 2024 to members of the House Revenue and Finance Committee at the invitation of Rep. Joe Sosnowski. Ted told lawmakers that the state’s property tax burden has become dire for countless Illinoisans.
Ted joined WLS 890’s PM Chicago Show to discuss Chicago’s worsening pension crisis, why the city’s crisis makes it such an outlier nationally, its negative impact on residents, government workers and retirees alike, and what Mayor Brandon Johnson should do about it.
When has any company persisted with a project in the face of stronger local, statewide and national opposition? When have taxpayers subsidized a more harebrained project?
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I’m convinced Democrat Socialism/Thugism only leads to Bankruptcy. Venezuela is another example of the power of Socialism/Thugism. Democrats = Bankruptcy by definition if left unchecked and unchallenged. New York City had Republican Mayors for quite a while limiting the damage.
Mark, do you think Amazon might be better positioned than most companies to withstand the fiscal fire that is certainly coming to Chicago in the next decade? I think about how much volume they must be doing in Chicago alone, based my household’s use of Prime. They have massively expanded their presence here already. While I am not a detailed follower of their finances, and I am sympathetic to the comments Detroiters are making, I wonder if Amazon will simply decide that their business in Chicago is too good to ignore. Or maybe the competition for their new location is… Read more »
I don’t think that selecting another location would impair their sales here.
No need to go outside the Midwest. There are other large cities that could accommodate amazon like Indianapolis.