Illinoisans revolt against nation’s highest property taxes
Illinoisans revolt against nation’s highest property taxes
Illinoisans face the highest median property-tax rate in the nation.
Illinoisans face the highest median property-tax rate in the nation.
Until CPS passes necessary spending and pension reforms, giving any additional money to the system will only reward officials’ mismanagement and reckless behavior.
Budget gridlock in Springfield caused the Illinois secretary of state’s office to suspend mailing vehicle-registration-renewal reminders in October 2015; as a result, the state took in $5.24 million more in fees for late license-plate renewal between January and June 21, 2016, than it did during the same period in 2015.
Tax-hike proponents claim there’s no way to fix Illinois’ chronic budget problems without more money. They want Illinoisans to believe the state’s tax revenues simply aren’t enough to cover the cost of government. But tax revenues aren’t the real problem. Illinois’ perennial budget crises stem from the state’s persistent overspending and misplaced spending priorities. The...
The New Hampshire legislature has passed an overhaul of asset forfeiture laws to protect rights of innocent property owners; Illinois should do the same.
AFSCME balks at Gov. Bruce Rauner’s proposal that state workers chip in more for their Cadillac health insurance.
Pension funds aren’t immune to the volatility of the stock market. Even before Brexit, Moody’s warned that low investment returns are already putting Chicago’s pension funds at risk. A major stock market correction or another recession just might put Chicago and CPS over the edge if their already-underfunded pension systems collapse.
The pension problem was created and has been fueled by weak politicians – men and women who decided their next elections were more important than the next generation.
Illinois House Speaker Mike Madigan’s insistence that Chicago Public Schools receive more than its fair share of state education funding is putting any stopgap budget deal at risk.
Illinoisans need a taxpayer bill of rights so that politicians must ask permission from voters if they want to raise taxes.
A representative from the state-worker union called for collective action from governments of prison towns to force Gov. Bruce Rauner’s hand in the budget debate, which could expose thousands of incarcerated Illinoisans to squalid, dangerous conditions.