Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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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.
What is always diverted is the issue of early retirement obligations.
SS offers no early retirement option similar to Tier 1 or Tier 2 (10 years or 20 years work entitlement to multiples of SS 30 year entitlement).
Hurray! Some of our city’s business groups are finally taking a stand on an important issue. After their cheerleading piece in Crain’s the other day it is nice to see that maybe they understand there are some critical problems they should weigh in on.
Why should they get less? I agree with the SS base but change the 1st tier to match.
If you want tier 2 to match tier 1 you will need to increase tier 2. Can’t steal from tier 1 pensioners as it’s their money and not the taxpayers to allocate.
Huuuh?
Aren’t Tier 1 pensioners currently stealing from Tier 2 pensioners?
No. You’re misinformed. Tier 1 pensioners were offered their benefits by the state. Tier 2 are paying too much for the benefits that they will receive to the benefit of the taxpayer. Tier 1 pensioners had their contract before tier 2 was ever hired. The state or taxpayers is stealing from tier 2. If the state doesn’t change their behavior then they will be violating the safe harbor rules and pay even more. Nothing to do with tier 1.
I am not sure paying over $50,000 per year in taxes to the State and local governments is stealing. I get next to nothing for this money, and I am the one stealing? I think it is the other way around.