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Tales from the Illinois Exodus Part 5: Chicagoans finally awakening to pension bomb

 
Anonymous Coward
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07/14/2019 08:45 AM
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Tales from the Illinois Exodus Part 5: Chicagoans finally awakening to pension bomb
She and her family have lived in their 1890s rehabbed home in Ravenswood since 2001. They had hoped to stay until they were hit with their recent Cook County property tax bill that may force them out.

“Overall for the year it increased by 60%,” she said. “We are now paying almost $21,000 — $20,200.”

She said they had been paying $12,000.

Gold said the extra $800 a month they need to find to pay their new yearly bill erased any college money they had hoped to save for their youngest son.

She won’t be alone if she joins the Illinois Exodus. Chicago has been losing population for several years and the Land of Leavin’ has been suffering from declining population for five straight years. Rising taxes to pay for often lavish underfunded pensions for government retirees, most of them members of public-sector unions, are the heart of the problem. Not just for Chicago, but across the state.

[link to datechguyblog.com]
Anonymous Coward
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07/14/2019 08:49 AM
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Re: Tales from the Illinois Exodus Part 5: Chicagoans finally awakening to pension bomb
bump
Anonymous Coward
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07/14/2019 09:09 AM
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Re: Tales from the Illinois Exodus Part 5: Chicagoans finally awakening to pension bomb
Illinois is hoping to sell tons of $hitty cannabis to Wisconsinites, but little do they know that the finest Cannabis on the Planet is grown here in Wisconsin. They can keep their shitty commie cannabis. MAGA
Anonymous Coward
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07/14/2019 09:23 AM
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Re: Tales from the Illinois Exodus Part 5: Chicagoans finally awakening to pension bomb
Kill the pensions, tell em to pound salt. They can get SS like everyone else.
Anonymous Coward
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07/14/2019 09:25 AM
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Re: Tales from the Illinois Exodus Part 5: Chicagoans finally awakening to pension bomb
Stay in your leftist shitholes. No one else wants your liberalism spreading and infecting the rest of us. You made your choices - live with it. IL should have an exit tax so high that you owe them a million if you try to leave.





GLP