Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
23 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Well, the just sell the Bulls. That really needs to be done anyway.
The solution is to let the pension system go bankrupt. Then reorganize the public pension system be reorganized to be like the private pension system. Then reorganize public pension system is not sustainable. Democrats will have to find another way to buy votes.
The funds can go dry and the state still owes the money. In fact, the pension funding level is more of a health indicator for the state than it is for pensioners. There is no “letting it go bankrupt” when it comes to state pensions. It’s sad this still needs explaining.
PPF,
You explained it perfectly.
Illinoisians, get the hell out of this fiscal black hole of a state. Taxistan as I refer to it.
In the 20 years since I voted with my feet my bank account is over $200,000 fatter because of my smart financial decision!!
This pension debt is the largest generational theft in history. The public sector has robbed children that haven’t been born yet. The public sector does not care who it robs.