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
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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.
One more thing: So in this scheme to combine all of these pension funds into one, will each legal entity have its own capital account within the larger fund? If so, what happens when one legal entity’s capital account runs dry? Or they don’t make the required payments? Will the workers of that legal entity still get their “legally un-impaired” payments, regardless of the funding the entity has to do so? it will be interesting how that plays out in the inevitable court case. An entity–say Harvey–will start off with a low balance. They will then not have the funds… Read more »
Pay up suckers!
The firemen have boats and Harleys that need to be maintained, luxury SUVs that need to be traded, and Wisconsin vacation homes that need upgrades. These things aren’t going to pay for themselves, ya know?
So true, so true. I know plenty of them too. The only saving grace is that a lot of them are obese and have health problems, so it’s not like the pensions will last until their 90’s or anything.