Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges
June 12, 2026
2 Comments
Audio and summary linked here.
-- Connecting the dots between our economy, government and business --
A mess of uncertainty and litigation is sure to follow.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Consider da Dems pols in Illinois and Sheeetcago and their masters da public sector unions like a Black Hole.
How do you stop da Black Hole from sucking in more and more of your wealth via higher and higher taxes.
Get as far away as you can from it.
Illinoisans, vote with your feet and flee da Illinois Black Hole!!
Folks, @ a 6.6% rate, property taxes double every 11 years.
Yup. Inflation causes things to double very quickly. Property taxes are no different.
Spot on PPF but the issue is that it’s really hard for a private sector workers’ wages to increase at rate greater than inflation. Old Joe usually had to line up a new job to get a boost in take home pay.
Average Illinois wage growth was 6.4% over the last year. Very similar to the property tax increase. Yes, job hopping or forming a union helps increase wages as well. The reality is that things cost more money now and that includes government spending.