-- Connecting the dots between our economy, government and business --
City CFO Jennie Huang Bennett told members of the City Council’s Finance Committee Monday that several measures long favored by progressive aldermen would do more to hurt than to help the city’s dire financial condition - the so-called LaSalle Street Tax, a monthly head tax and video gaming, among them.
SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
FOLLOW US
WIREPOINTS ORIGINAL STORIES
Audio and summary Illinois bill would override local law to allow homeless living in all public parks – Wirepoints
April 14, 2026
27 Comments
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.
Mark Glennon on AM560’s Morning Answer: Chicago Fiscal Crisis Worse Than Pre-Bankruptcy Detroit, HIV Surge and Public Health Threat From Open Borders Goes Unreported
April 10, 2026
2 Comments
Summary and audio linked here.
Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades
April 3, 2026
9 Comments
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.
WBEZ and Chicago Sun-Times falsely blame Texas Gov. Abbott for 2020 to 2024 surge in Chicago Latino HIV, AIDS infections – Wirepoints Quickpoint
March 31, 2026
11 Comments
Expect no retraction or apology. This what they do.
Wow… Maybe J Beluga and Queenie should stop bankrupting all the small businesses in the city and state because that is rapidly becoming their only source of revenue. Oh, and before you chase the few productive citizens that are left in the state out by taxing them even further, you had better consider radically reducing welfare because that is where all the money is going. If you think that I am kidding just look at Blagojevich’s “FamilyCare, KidCare, & AllKids” giveaways and then compare those costs to the “Pension Crisis time line”. Communism, Socialism or whatever you want to call… Read more »
City income tax after they pass a statewide progressive tax. Then at the margin taxes and fee hikes. They will go after business before people. City income tax will be people who make 100k a year or more, 1.5%
Wait a minute– Rahm Emmanual’s emergency $500 million property tax increase solved all the problems didn’t it? Is there anyone left in the City of Chicago who has a memory or the intelligence to ask what happened to the $500 mil? Or is the answer so obvious you don’t even have to ask– it went down the sewer and didn’t solve a darn thing.
The test now is whether Chicagoans will get run over again without an objection.