Given where Chicago is right now this new stadium proposal is a bad idea and a bad deal – Wirepoints on The Chicago Way with John Kass
April 25, 2024
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Ted was on The Chicago Way with John Kass and Jeff Carlin to discuss the proposed $5 billion lakefront stadium project proposed by the Chicago Bears & Mayor Brandon Johnson, why Chicago is struggling compared to other metro areas across the country, why the city might or might not go the way of Detroit, and more.
Some Illinois lawmakers continue to deny that covid aid and other federal stimulus bailed the state out of its fiscal mess. But a look at past and projected revenues from COGFA shows just how much the bailouts blew out the state’s revenues. And now that they’re over, how much harder it will be for Illinois revenues to grow.
Election integrity – both real and perceived – is essential to government’s legitimacy and stability. Illinois, like the rest of the nation, better fix its problems now.
Ted joined Dan and Amy to talk about Chicago’s latest bond offering, why Chicago’s dismal home value growth is due to poor policies, the next $70 million to be spent on migrants, the 9% salary hikes demanded by the CTU, and why Illinois lawmakers voting to stop Chicago’s selective enrollment schools from being closed is hypocritical.
Weekly crime statistics from the Chicago Police Department: Report through 4/21/2024.
Don’t all these “tricks” deny the federal government the necessary revenues needed to support programs like medicaid and welfare? I thought the progressive’s argument was that more taxes were needed. Now those well-to-do taxpayers in blue states are seeking out loopholes to pay less taxes?! Seems counter-intuitive to their professed political beliefs.
You thought WRONG. The new tax plan puts the tax burden on progressive states meanwhile uneducated poor republican states like Mississippi West Virginia Tennessee Alabama live like maggots off the educated hard working high earning progressive states
Couldn’t the same be said for how Illinois’ state income taxes are allocated? The taxpayers in my Chicago suburb contribute far more in tax dollars than they receive, just like those progressive states. As a result, we’re forced to pay even higher property taxes to fund our schools, among other things. What do you think of all the “uneducated poor” – as you call them – from Chicago’s south suburbs to Cairo and all the poor farm towns in between that can’t fund their own schools and are reliant on my tax dollars for their education and social services? They… Read more »
Bingo, Nixit. The progressives aren’t so progressive when it comes to the poor who don’t vote their way with a knee jerk. Just deplorables.