-- Connecting the dots between our economy, government and business --
Of the 11 states where recreational marijuana has been legalized, Illinois’ taxes are second only to Washington state
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.
Full interview and summary linked here.
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“Legal” weed was NEVER about civil liberties, etc. It, like the spreading cancer of legal gambling, was always about loot.
Democrat politicians would open state-run brothels if they thought they could get away with it.
Wow. So lowering taxes just might increase both sales and tax collections??
Fat boy should take note.
Street corner dealers have zero taxes and plenty of product
All that untaxed heroin on the street corners of the west side too.