Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
-- Connecting the dots between our economy, government and business --
Audio and summary 
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.
“In other words, a somewhat higher tax rate coupled with higher exemptions can protect our lowest-income taxpayers, whether retired or not.” This is definitely a possibility. Expect a higher tax rate with higher exemptions. The GA can claim it raised revenue while protecting the “most vulnerable” taxpayers. It essentially gives legislators a two bracket progressive tax. As far as the authors other idea of taxing retirement and SS benefits, that is not going to happen without a true progressive tax. I believe the fear of taxing retirement is the number one reason that democrat voters voted against the amendment. The… Read more »
No – the answer is to reform pensions. This cannot be kicked down the road anymore. In his quest for totalitarianism, Pritzker could instead go down as the best governor in history if he could manage pension reform. Democrat or Republican, I don’t care – just get it done. The taxpayers know it is needed, Wall Street knows it is needed, and the pensioners know it is coming. Illinois is on life support at BBB- with a negative outlook. Really don’t think raising taxes will help – unless helping Indiana get more residents is the goal.