It shouldn’t have taken a PhD in economics to notice this – Wirepoints Quickpoint
May 17, 2024
53 Comments
What a representation of Chicago’s plight.
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Illinois could tax millionaires to help homeowners with property tax relief – WQRF (Rockford)/MSN
Lawmakers have filed legislation calling for a referendum to be placed on the November ballot. The plan would create an additional 3% tax on individuals whose income is above $1 million a year. The money would go toward helping Illinois homeowners pay their property taxes.
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Twelve Illinois Congressmen vote against bill to give federal custody to non-citizen defendants charged or convicted with assaulting cops – Wirepoints Quickpoint
May 17, 2024
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The bill passed despite their votes in response to certain incidents where local prosecutors are thought to have been too lenient with non-citizens assaulting cops.
The Chicago Teachers Union Plays Hooky – Wirepoints in the Wall Street Journal*
May 17, 2024
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The Wall Street Journal Editorial Board cited Wirepoints’ analysis of Chicago student proficiency data in their latest piece condemning the Chicago Teachers Union’s outrageous contract demands…all while a vast majority of Chicago’s children graduate unable to read at grade level.
Gov. Pritzker is using the threat of budget cuts to get more tax hikes passed – Wirepoints joins Tom Miller of WJPF Carbondale
May 17, 2024
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Ted joined Tom Miller of WJPF to talk about the details of Gov. Pritzker’s proposed $52 billion budget, why the state is struggling now that federal covid dollars have run out, the controversy surrounding Tier 2 government pensions, why Illinois’ expensive education system fails to teach children to read, the outrageous demands of the Chicago Teachers Union, and more.
Public education staffing has ballooned over the years…yet kids still can’t read – Wirepoints on with Jeff Daly of WZUS Decatur Radio
May 17, 2024
No Comments
Ted joined Jeff Daly to discuss how politicians can never spend enough on education despite there being no accountability for that spending, the growth of education staffing across Illinois, Mayor Brandon Johnson’s $1 billion demand for Chicago schools, why Gov. Pritzker is providing $830 million in taxpayer subsidies to struggling EV carmaker Rivian, and more.
No talks on actually lowering the property tax bite??! Of course not. I’m in a school “ district “ that has 3 lower grade schools. 600 students total. But, oh!! Now we need a “ Superintendent “, at 250K. And a staff around her. And principles at each building. Assistant superintendent, assistant principal, and the overhead goes on and on. Face it- our obscene property taxes are only there to fund political graft. Enough.
Yes, schools need teachers in the classroom. They also need principals that lead each school and and a superintendent that is in charge of all of the schools. They also need accountants, IT professionals, nurses, psychologist, etc…Lots of different people that work in education. It’s time for people to get over it. Enough.
This is another one of the countless, hare-brained schemes with the unintended result of chasing the affluent out of Illinois. The Illinois pols seem so continually dense to understand they won’t keep the affluent in Illinois to support the tax base by gouging them.
The state needs more tax revenue. I’m sure we will be reading about many different proposals to raise taxes. We need more money and now we must decide who shall pay for it.
Your pensions are the anchor dragging all the rest of us down. It’s a Ponzi scheme, funded by hard working taxpayers. End the bs yesterday.
The state is required to pay its debt. There is no “end the bs yesterday”. Debt doesn’t work like that. If the state needs to raise taxes to pay the debt then that’s exactly what will happen.
States defaulted on public debt during the Great Depression. Puerto Rico found a way to do it without the bankruptcy law. California more recently defaulted: see below. Just now, federal law does not let states file for bankruptcy. Thus being “required” to pay debt is no assurance that debt will be paid. Predicting “exactly what will happen” is beyond your power as a presumed mortal. So you are cheerleading like any politician or football coach. Except more persistent. A referendum to change the constitution to permit a new level of income tax will be required and if it loses, then… Read more »
Not gonna happen……..the rich want to own it all and don’t care about the little guy…..been happening for a while now………Trump gave the little guy a fair playing field cause he gets it…….look what is happening to him! believe him when he says QUOTE: THEY DON’T WANT ME…… THEY WANT YOU…. AND I’M JUST STANDING IN THE WAY..UNQUOTE!!
Yes, and then the threshold would be $500K and then $250K and then $100K. A tax by any other name …