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If this bill passes, say goodbye to local control over all Illinois parks and expect to see open drug and alcohol use, needles, no sanitation and fire hazards, but no ordinary park users.
Summary and audio linked here.
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.
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
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Is he aware Chicago taxpayers just got a big PT increase?
With a laughing smile on his face
Let’s CUT UNION WAGES AND PENSIONS AND SAVE TAXPAYERS MONEY.
Yeah ,Bob ! Get that tax increase for you and your union buddies! Drive even more people out of IL. What will you and your overpaid pals do when there are no more buildings needing to be built, except for government housing which won’t be funded by tax payers anymore because they all left? You’ll quickly find out that Taco Bell and Starbucks don’t pay nearly as much as your crew is accustomed to pulling down and there are no benefits. Nothing is quite as satisfying as seeing a snake feed on itself.
That’s the solution, increase the property
taxes in Chicago. It is sad watching the self destruct move forward from the idiots in
charge at city hall. Now compare the self destruction of Detroit to what is now going on
in Chicago. They are mirror images.
as our old mayor would explain, the situation is
hubris, its humor gone wild!
“Labor” leader wants to raise taxes on labor!
Who exactly does he represent?
Narrator: We know who he represents.
He and his buddies make so much money and have such luxurious benefits that another PT increase won’t adversely affect them nearly as much as the typical Chicago worker.
No doubt taxes will go up, whether it is property or something else, they will go up in total. This is never going to stop happening, the pension costs are exploding every year for decades to come. Illinois and Chicago are going to tax everything you can think of and some that you cannot.
I’m guessing this is PPF!!
Not really.