They’ll take the income tax money, but they’ll never grant the property tax relief – Wirepoints on AM 560 Chicago’s Morning Answer

Ted joined Dan and Amy to discuss the disappointments of the Chicago Police leadership, the dangerous siren-song of the “progressive-tax-for-property-tax-swap” referendum, the likely property tax that’s coming for Chicagoans despite Mayor Johnson’s promises, the disaster that is Chicago’s transportation systems, and more.

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Tom Paine’s Ghost
1 year ago

There is no amount of taxes that will ever satisfy the bottomless greed of public sector unions like the vile excrement of CTU. Public Sector unions are unconstitutional and must be abolished nationwide.

Old Joe
1 year ago

In Illinois you really don’t own your home. You rent it from the government. I’m paying 10K per annum to live in a mediocre rehabbed home in Bowmanville. Tell me, in what other metropolis would this occur?

Free at Last
1 year ago

Does it really matter? Apparently the slaves who make up most of Illinois are perfectly happy being raped every year or so and getting nothing in return. Watch the next election. The morons will overwhelmingly vote democrat like it’s their job and for many of them, it is..

Susan
1 year ago

Did you know that if the ones receiving pensions were having to pay Illinois income taxes on anything over $100,000 of those pensions each year, the state would probably get more tax dollars than taxing only those that had income over one million. At the moment, no pensions are taxed in Illinois and so all those receiving those pensions are not paying a cent
so it falls to the wage earners.

Ex Illini
1 year ago

No matter how high the taxes go, it will never be enough. One bad decision after another, coupled with corruption, greed, malfeasance and the high cost of wokeness have doomed Illinois. It has reached the point where the various taxing bodies within the state are trying to screw each other, as Pritzker’s grandstanding grocery tax “elimination” did to local taxing authorities. The millionaire tax is extremely dangerous, as it will result in a change to the Illinois State Constitution to allow graduated tax rates. Virtually all taxpayers will ultimately pay more eventually, and the highly coveted tax on retirement income… Read more »

mqyl
1 year ago
Reply to  Ex Illini

“It has reached the point where the various taxing bodies within the state are trying to screw each other …”; aka they’re eating their own. The Dems set the table for this.

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Audio: Wirepoints’ Mark Glennon says Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades – Chicago’s Morning Answer

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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