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.
Just once I would like to see a dollar to dollar comparison. Take a 25 year period and average salary for a Tier 1 employee, Tier 2 employee and social security benefits laid out side by side. I have never, ever seen this done so no one really knows what dollar amounts people are talking about.
Is there any talk about returns with the pension money they already have? You can still get 4% in money market funds. The stock market returns are still decent. Keeping away from risky investments with pension money. Like I said many times before. No one is looking at all the fees from top to bottom in managing the pension funds. Here are some fees for Calpers investments. https://calpers.voya.com/einfo/public/planinfo.aspx?cl=CALPERS&pl=450001PU&page=plan_informationplanhighlightsplanfees&domain=calpers.voya.com&s=pdefsj2z4qf5sr5q4ftm1jyx&d=38153a175f9b456f3377a465e905b3824ae0e869
Look what Calpers did in California to turn around low returns to higher ones.
https://www.privateequityinternational.com/recapturing-the-lost-decade/
So what are the fees Illinois is paying? Hard to find info.
“ You’ll find out what’s in it after you sign it!”- Nancy Pelosi.