Illinois Lawmakers Thumb Noses at Constitution to Impose New Taxes – Wirepoints
June 9, 2026
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A mess of uncertainty and litigation is sure to follow.
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With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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Pritzker is a socialist, thinking he can micromanage the Illinois economy by throwing fed and state dollars at preferred industries. Ask him why doesnt he just give a tax holiday to any quantum businesswho set up shop? Because its success then would destroy his belief in socialism. As a person with intimate knowledge of Illinois economic development, I unfortunately give it about a 10-20 % of succeeding, with a 100 % chance of the taxpayers getting hosed, again.
While quantum computing is the future it is still an unproven and untested technology more in the theoretical realm. The state of IL has no business risking our scarce tax dollars on an extremely risky tech bet. If psiquantum and the state want to enter this gamble them make the states’ pension funds take the likely losses risk free to the tax payers. If they hit a big win then apply it to the debt. Remember folks, if this was a financially feasible endeavor private capital would have already done it. Hundreds of billions, maybe trillions have been invested in… Read more »
Lion Electric II
Bravo
Hmm…..I smell a grift….
Which will be completed first, on schedule and under budget? The Microelectronics park or the new Bears stadium near Soldier Field? you make the call! Oh, let’s throw in the Red Line extension to Sauk Village into the mix.