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.
You idiots don’t know or care because they are nickel and diming you to death.Illinois revenues are at a high? Curious. Not really. The proliferation of more and different government taxes will account for some of that. All of which are regressive taxes which apparently the so called progressive Demofilth abhor, yet they have no problem facilitating their proliferation. So the good news is that while the smart people leave, the demofilth come up with new ways to squeeze the life out of their tax slaves. Yet the majority of Illiidiots will vote once again to enshrine their masters with… Read more »