And About Chicago, the Second Big City Run By Democrats, headed for a Crash Landing

​Lincoln, Proud Son of Illinois, Offered these Prophetic Thoughts on the Powers of the Courts:

If the policy of the Government upon vital questions affecting the whole people is to be irrevocably fixed by decisions of the Supreme Court, ..., the people will have ceased to be their own rulers, having to that extent practically resigned their Government into the hands of that eminent tribunal.

 

So....What's the Plan?

Governor Rauner has proposed reforms in worker's compensation, tort reform, right to work, and more.  For updates, click on IL Turnaround  Details?  Click here

Taxed Enough Already?    Overtaxed Enough Already?

In a report on state tax burden, of 50 states plus DC, Illinois rankings from least to most taxed, the overall state tax burdens are:

-Low Income resident: 49th (HI and WA at bottom)

-Middle Income resident: 50th (NY in last place)

-Upper Income resident: 44th (ahead of seven states)

 ​Best state to live in for lowest taxes.....Alaska!

ILLINOIS: Land of Lincoln

The state of Illinois is in financial crisis.  Consider:

For help with Voting, go to Illinois Family Action

For Reports on IL, click here

For information about resources so you can get involved, try here

Illinois Pension Plan Options-No Easy Solutions

While there are no immediate fixes available to IL given the recent court decision, here's a summary of potential next steps:

  • Raise Taxes
  • ​Re-Write the IL Constitution to reduce Benefits for future workers
  • Negotiate with Unions to reduce overall costs
  • ​Move debt back to school districts and other sources of problem, require local solutions
  • ​Spread the debt out over decades
  • ​Declare Bankruptcy
  • ​Lay off state employees, rehire with 401k plans, end fixed benefit plans