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 26, 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.
Within the 2020 Fair Tax plan was a child tax credit of $100/child. It cost maybe $100 million, around the same as the Invest in Kids Act.
When the Fair Tax failed, the CTC was thrown out as well. Now that it’s possibly back at $300/child, someone should ask the governor why for the past few years he has denied tax relief to the poorest families in Illinois.
https://www.oakpark.com/2020/09/30/giving-tax-credit-where-credit-is-due/
One of my neighbors who lives in a pretty nice home bought a new car last year. Just last month a new furnace and air conditioner was installed paid for by a Government program to help “the poor.” They get LIHEAP for utility bill assistance, SNAP and WIC for food, go to the food pantry and, from what they say, Obamacare is practically free. Add this up to the assorted other giveaways, the Township gave out bicycles at Christmas this year, they live quite well. Their way of doing this was simple; the wife quit work lowering their income to… Read more »
A permanent child care tax credit is one of the items that will move a basic flat tax into the graduated tax rate structure that Pritzker so desires despite the fact that the voters voted against it.