Category Archives: Economy
One More Thing On The Illinois Gas Tax Increase
The state’s new motor fuel tax of 38 cents a gallon will be tied to the Consumer Price Index effective July 2020. That means every March, the Illinois Department of Revenue will use federal inflation data from the previous 12 … Continue reading
Mayor Of Chicago Attempting to Impose the City Pension Obligations on State Of Illinois-wide Taxpayers for Bale-out
The outlines of how Mayor Lori Lightfoot would like Springfield to help her balance her new city budget are coming into focus, and it looks like she’ll be making a big, big ask. According to knowledgeable sources in Chicago and … Continue reading
Illinois: The Exodus
People are leaving Illinois in droves. Republicans blame the state’s high taxes and its unfunded pension liability, which tops $130 billion. Democrats believe it’s the state’s lack of investment in education and infrastructure. One thing is certain: Illinois’ population has … Continue reading
Pregnancy No Bar To Pot Smoking
PREGNANT WOMEN SMOKING MORE POT: Marijuana use in pregnancy has doubled among U.S. women and is most common during the first trimester, government research shows. Overall, 7% of pregnant women, or 1 in 14, said they used marijuana in the … Continue reading
Western Illinois University President Is Forced To Resign and Gets 2 Years of Paid Salary and a Professorship—-Don’t You Just Love Illinois Government !!!
Western Illinois University President Jack Thomas said his final day on the job will be June 30, 2019, ending a presidency marred by employee layoffs, declining student enrollment, and increasing tensions between the administration and faculty. Dr. Thomas made the … Continue reading
Illinois’ New Budget Has A Shortfall of $4 Billion Dollars
Gov. J.B. Pritzker says Illinois’ budget is balanced ”for the first time in decades.” That’s the claim he made upon signing Illinois’ $40 billion budget for 2020. Pritzker’s claim is simply not true. According to the state’s own actuarial calculations, … Continue reading
The Real Reason Behind Bushwood’s Demise – Skyrocketing Real Estate Taxes-A Problem Becoming Rampant Across Illinois
TThe Real Reason Behind Bushwood’s Demise – Skyrocketing Real Estate Taxes-A Problem Becoming Rampant Across Illinois . Without serious efforts to rein in the appetite of government for real estate tax dollars the future will see a new wave of … Continue reading
Illinois Teacher Pension Costs Continue to Soar After the Current General Assembly Session to Placate the Unions At Taxpayer Costs
Sen. Jim Oberweis compromise plan ignored as teacher pension spiking provision slips through State Sen. Jim Oberweis (R-Sugar Grove) believed he had a gentleman’s agreement with his Democratic counterparts to keep a cap in place that prevented teachers from spiking … Continue reading
Here’s where you will (likely) be able to buy legal weed in the Chicago area Jan. 1, 2020
The recreational marijuana bill approved by state lawmakers allows Illinois’ 55 existing medical marijuana shops to buy an additional license and start selling recreational pot next year. Operators of Illinois’ 55 medical dispensaries — 11 of which are in Chicago … Continue reading