While J.B. Pritzker has not released a detailed tax plan of his own, reasonable cost estimates suggest the tax hike required to pay for the candidate’s spending promises would require doubling Illinois’ state income tax rate and cost the state an estimated 132,000 jobs and $31.3 billion in forgone GDP.View Report
As a continuing part of a bad deal, Chicago taxpayers will pay Chicago Parking Meters LLC $20 million.
Since 2006, Chicago Public Schools has been deprived of $2.5 billion in property tax revenue that has been diverted to Chicago TIF districts.
With House Speaker Mike Madigan’s longevity comes a patronage army paid with public dollars.
If you have any doubt that political cronyism isn’t alive and well in Illinois, look no further than an ObamaCare scandal that broke late last week. Investigations by the Associated Press and Crain’s found that a subcontractor to a $33 million ObamaCare grant was billing at $282 per hour. Turns out the subcontractor is owned...