-- Connecting the dots between our economy, government and business --
Ted joined Tom Miller to talk about why every level of government is scrambling to pass nickel-and-dime taxes, the good news about the Tier 2 pension sweeteners failing to pass, the bloat and inefficiencies of Illinois government, the nonsense of fund-sweeps, and more.
Read more from Wirepoints:
Glennon raised the stakes of the moment in broader civilizational terms: “This election in Illinois is not about the usual pedestrian issues… it’s about nothing less than whether Western civilization survives in our democratic republic of America because [the left], just on the open border alone, will destroy the country, and now they’re bringing in the jihadists, frankly, into the party.” Audio and summary linked here.Audio and summary linked here.
New Trier High School made national headlines nine years ago as a “canary in a coal mine” for political indoctrination in public schools. The canaries lived.
Audio and summary linked here.
Among the consequences of economic growth that badly lags national averages are billions of lost revenue every year. Yet denial reigns in Illinois, fueling the vicious cycle of demand for higher taxes.
Vote Pritzker and Democrats out. All they do is raise taxes without accountability and never talk about spending cuts to left policies.
Problem is ignorance of budget-crushing inexorable annual depreciation of home/property value relative to any other place one might seek to move onto.
Each year, Illinois homes depreciate roughly 2% in value relative to homes in any other state due to tax rate capitalization.
Pritzkeresques may have surplus of personal wealth due to cronyism but the bulk of Illinois residents are economically stuck here after a year or two.
Yep and Ken Griffin was probably the most prominent former Illinois resident that had to rent a U-Haul!
He has been an economic boom to Miami.
Illinois is being destroyed from within. Many people cannot wait to get out of this tax madness and will move ASAP. Pension greed has destroyed the budget for generations to come.