School choice tax credit still on chopping block as Pritzker announces full funding for public schools – Center Square

While Republicans continue looking for cuts Pritzker has previously requested from state agencies, Democrats and the governor are looking to end what they call “corporate loopholes” to the tune of nearly $1 billion.
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Riverbender
4 years ago

Loopholes? How about eliminating TIFs across the board 100% allowing taxes to be funneled to where they belong instead of the insider favorites?

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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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