Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
10 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.
Wouldn’t a progressive tax include retirees? Or would they exempt a retired school admin who happens to have a $200,000 pension?
why do they always start with the supposed answer – taxes? Let’s start with what the bills are and how much do these idiots need. As stated below, yeah let’s calculate everything it would take. What? Maybe $45B per year to pay for everything and some reasonable way to pay the unfunded pensions? $50B? Then let’s use that number and derive a progressive rate. We know about how many people make how much…what’s the result? Maybe even throw in 1% cap on property taxes to see what the State should really pay to drive down property taxes. Tax services, tax… Read more »
I think that if we are going to have a Democratic governor in Illinois it should be Dan Biss. He is a crackpot. I want him to put the transaction tax on the finance industry, and load up Illinois with taxes, user fees and socialism. Let’s get it over with.
There’s a very good case to be made to “just get it over with,” as you put it. Just blow it up. I haven’t bought into it yet, but I could certainly make a case for it.
I’ve seen Martire’s tax plan mentioned here. The effective tax rate on $200K would put us in the highest 10 states nationwide, higher than NY and CT. At $500K, we’re in the top 5. Since Martire’s plan doesn’t have a separate bracket for married filing jointly like most states, it’s hard to determine the actual household impact. If there’s only one bracket, it’s a lot worse. But the argument for a progressive income tax always forgets one important point: property tax. We’ve been told for decades that our property taxes are high because income taxes are low. Per Wallethub, here’s… Read more »