Wirepoints’ Mark Glennon on AM560’s Morning Answer: Spencer Pratt in Los Angeles Mayoral Race Offers Chicago a Blueprint
June 4, 2026
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Summary and audio linked here.
-- Connecting the dots between our economy, government and business --
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Audio and summary 
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
I would like to see a 1% residential hard cap and maybe a 2% commercial cap. What that would do is increase property values quickly. Then most of your mortgage would go to principal not tax’s. With a much higher total EAV taxing bodies would recover lost revenue quicker. In addition like Indiana to recover revenue institute a 1% local county by county income tax. Cook and heavily populated areas and higher income areas would be hard capped at no more than 2% or less for income tax. This would lessen dependency on real estate taxation.