Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.
Is IL going to tax Pritzker’s off shore accounts? He’s doing another tax evasion scheme, like removing toilets in his mansion.
Lucky you. One question. When the millionaires leave, what do you think they will do with this tax? Once you have killed and eaten the golden goose, where will your hunger turn then? If you don’t know the answer, you’re an idiot.
Give us the TAXPAYERS MONEY 💰 and we will find a way to spend it .