-- Connecting the dots between our economy, government and business --
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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If it’s not a government run store, Democrat Communists want you out of business!
This entire neighborhood should be enraged at the NON-UNIFORM assessment treatment evidently received by property 1431 N. Astor St. Chicago PIN 17-03-103-007-0000 during property tax years 2012 through 2016. Every penny given by Cook County to the owner of this property (yes, Governor Pritzker) had to be paid (EXTRA) to Cook County by other Cook County property taxpayers. Toilets are a red herring. The real issue: was 1431 N. Astor improperly awarded a COE allowing 3 years retroactive tax rebates (at other Chicago taxpayers’ expense)? People want that “somebody should do something about this”? Yeah that’s right…YOU should do something… Read more »
When JB was caught with his hands in the toilet he paid the money he owed probably less fines. Did the taxpayer get a refund? I don’t think so.
So you elect a socialist alderman and then you complain when socialist policies bite you in the ass. It was ok when everyone else had to pay high taxes but now it’s not ok. This wake up call is exactly what the city needs.
It makes little sense that those who want low taxes also want everything for free. Taxes are indeed way too high and going ridiculously higher by the minute, in large part to pay for all the free shit loafers and government grifters. Are high taxes only to be paid by whitey and billionaires? I have a bridge to sell you!