Ted was on Illinois Rising earlier this week. He and Dan Proft talked to State Rep. Jeanne Ives (R-Wheaton) about the state’s garnishment of Harvey and North Chicago’s revenues, the chances of revenue intercepts spreading to cities across Illinois, and the negative impact the downstate pension crisis has on city budgets and peoples’ lives.
Read more about the crisis here:
Beyond Harvey: Many Illinois municipalities running out of options
Second domino falls in Illinois: North Chicago revenues garnished for pensions
Harvey, the first domino in Illinois: Data shows 400 other pension funds could trigger garnishment
New Trier High School made national headlines nine years ago as a “canary in a coal mine” for political indoctrination in public schools. The canaries lived.
Among the consequences of economic growth that badly lags national averages are billions of lost revenue every year. Yet denial reigns in Illinois, fueling the vicious cycle of demand for higher taxes.
Thank You Mrs. Ives for being an advocate for taxpayers. If you read this in the Illinois Constitution Article 1, Section 1- it says we all have the rights of life liberty and the pursuit of happiness AND THE PROTECTION OF PROPERTY. We have insurance-security systems- the right to bear arms in our homes to protect from intruders-flood insurance yet there is NO protection from the TAX MAN or TAX WOMAN. If we can not pay our taxes we lose our homes. No partial payments are accepted and checks will be returned. Money that should go to MY retirement are… Read more »