Wirepoints Original Stories
Daily COVID-19 data update for October 23, 2020.
Commentary by Wirepoints: A 60% tax hike on Illinois’ richest won’t be a free lunch for the rest of us – Chicago Tribune*
Illinois' wealthy don’t need defending. They know how to take care of themselves just fine. But don’t assume that a tax hike on them will be a free lunch for the rest of us. If too many wealthy leave, our reform-shunning legislature will only have one place to make up for the loss in tax revenues: Illinois' middle-income earners.
“Illinois borrowing from the Fed a second time is a real signal of just how deep this state’s problems are.” – Ted on the Coffee and a Mike Podcast
Ted was on the Coffee and a Mike podcast earlier this week discussing Pritzker's announcement that he'll tap the Fed's borrowing program a second time and Chicago's continued financial desperation.
Northwestern University President Morton Schapiro has had more than enough of his students' means of protesting for abolishing campus police. His words are unequivocal and scathing.
Illinois residents pay some of the nation’s highest taxes. One of the big reasons - Illinois has 7,000 units of local government. That’s by far the most in the nation. Consolidation would help ease the outrageous tax burden on the average Illinoisan.