‘Progressive’ tax will ultimately affect everyone – Opinion – Daily Herald

"While Springfield politicians claim this tax would only raise taxes on "the rich," privately they admit they will have no choice but to adjust the tax brackets and raise taxes on the middle class and even the working poor to fill our state's massive budget hole and cover all their new proposed spending."
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Steve
5 years ago

Hell no !

Governor of Alderaan
5 years ago

Thanks, Captain Obvious

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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

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.

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