Illinois Bleeds Taxpayers as Public Services Deteriorate and Pensions Teeter, Wirepoints Warns

It’s hard to tell when Illinois will ‘break,’ but eventually Illinoisans will connect the dots and demand change. – Wirepoints on AM 560 Chicago’s Morning Answer

Mark joined Dan and Amy to talk about the new data showing that Illinoisans are paying the nation's highest property taxes, why the math in Illinois will eventually fail, what the market turmoil means for Chicago's near-broke pension funds, the fact that Illinois is a jobs and economic failure, and more.

CITY BEAT: AVERAGE HOUSEHOLD IN ILLINOIS WILL PAY $13,099 IN STATE, LOCAL TAXES THIS YEAR

Paul OsborneEditor/Publisher      Concern continues to increase over the high amount of taxes Decatur and Illinois residents pay to government bodies each year.      When you consider Illinois’ combined state and local sales, excise, income and property taxes, the average household this year will pay $13,099, costing more than 16.5% of a family’s income.      That amount is not even counting the thousands of dollars Illinois taxpayers pay in fed…

Illinois Bleeds Taxpayers as Public Services Deteriorate and Pensions Teeter, Wirepoints Warns

As Illinois property tax bills rise and state pensions edge closer to insolvency, Wirepoints founder Mark Glennon joined Chicago’s Morning Answer with Dan Proft and Amy Jacobson to dissect how state policies continue to drive residents out, drain home equity, and jeopardize long-term financial stability. Glennon’s latest analysis, paired with national reports, paints a dire picture for the Land of Lincoln, where five of the top six metro areas …