Ted joined Tom Miller of WJPF to talk about Illinois’ highest-in-the-nation property taxes, why lawmakers don’t want to touch the tax’s cost drivers, just how much Illinoisans’ tax burden has grown over the decades, why Gov. Pritzker failed to meet his promise to reform property taxes, and more.
The article points to $700m to improve Amtrak service to Rockford, Quad Cities, and Carbondale. Amtrak makes virtually no money off these routes, so who in their right mind spends $700m to make nothing?
The improved Amtrak service is irrelevant in Keyseyian economics. Keyes once suggested that you could pay people to dig holes and pay other people to fill them in, IIRC. Which is basically what this project is. But it’s really just a $700,000,000 giveaway to the unions at state prevailing wages under the guise of improving service.
Good point.