Your property taxes pay for government workers’ guaranteed salaries, benefits and pensions while you get no such guarantees – Wirepoints on with Jeff Daly of WZUS Decatur Radio
Ted joined Jeff Daly to discuss why Illinois’ property taxes are such a national outlier, why Illinoisans are forced to pay the high, guaranteed salaries, benefits and pensions of the government class, why Illinoisans aren’t getting their money’s worth for what they pay, the teachers unions’ influence over elections, and more.
It looks like her choice was between two different kinds of “can kicks” go to the bond market year to year, or just kick Chicagos garbage onto the state. I guess it isn’t good enough for people to just leave Chicago to escape their problems.
people who step in s**t are advised to stay in one place & not spread it around
this is a bombshell!! wow Lightfoot admitting city pensions ( and hence city fiances) are hopeless. But she’s still not disclosing what gigantic debt north of $700 mil (started as $500mil) payment for this year rahm was hiding?..whats being hidden? in addition how will city/ state ever combined/consolidate all those thousands of different phone-book thick pension deals–each on with there own different spike deal, sweeteners, etc?? would seem impossible without trampling on some members sacred not to be diminished const grantee? any attempt will be law suite/ grievance filing mess (lawyers will $$love$$.)
And still no city cafr ( no cc or state cafr either)–as a chicago home owner–WHAT ARE THEY HIDING!!!