Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
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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.
Even worse property value devastation in Illinois collar counties, and even farmland Statewide. (Farmland assessments are rising at parabolic rates, and farmlands taxed at local property tax rates which are often double Chicago and triple the national average.) Farmland will rapidly approach inflection point at which it makes more sense to convert to wasteland (assessed at 1/6th value). Consider that commercial multifamily residential real estate is assessed based upon a CAP rate which assumes roughly 13% of gross income goes to pay property taxes. Northern Illinois farmland in McHenry County pays far in excess of that ratio today. While commercial… Read more »