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.
The future generation just went more into debt than they already were. The numbers are so high they will never be able to pay it back.
This follows the concepts recently pointed out here of “making someone else pay” for goodies for us today. Its sort of like Wimpy’s “I will gladly pay you next Tuesday for a hamburger today.”
See there. Illinois has no problems paying the pensions. It can simply borrow the money and get some for some giveaway capital improvement funding too. Even you were thought of in this situation…guess who has to pay the interest on the loans?
Imagine how successful it would be if they sold 140 billion worth of GO bonds. lol
Then we’d pay even more taxes…. These are just another tax increase due to financial mismanagement.
IL politicians manage IL like they have a credit card they don’t have to pay off…. Yeah, more debt financing for our taxes to pay.
Translation…..apparently completing ACFR three years late w OPEB funny money accounting is no problem for bond investors. They’re 100% confident in Springfields ability to tax it’s chumbalones into oblivion.