Still Looking to Kill Chicago
If we wanted to hollow out the economic center of the city, we'd do this:
- With a huge budget deficit ahead, Chicago city government is desperately searching for new income.
Now, Mayor Rahm Emanuel may be seriously considering an income tax.
CBS 2 [...] takes a look at the smoke signals from city hall.
Emanuel isn’t specifically talking income tax yet. But one of his strongest city council allies, 49th Ward Ald. Joe Moore, is speaking up.
“In my ideal scenario, it would be a graduated income tax that would be pegged at peoples’ ability to pay,” he says.
"Ideal" being the key word here.
You want to see telecommuting become a real deal? It will under this plan. United will reverse its move into the city and expand it's Elk Grove Village facilities. Boeing might move back to Seattle. The CBOT and other exchanges will carry through on previous threats and move what's left of their trading floors to the burbs, out-of-state of cyberspace. And that's just for starters.
In fact, the people who will be disparately impacted by such a move will be city workers required to live in Chicago. How about the City Council address the overspending habits that have driven this place into the financial ruin it currently occupies?
You want to see telecommuting become a real deal? It will under this plan. United will reverse its move into the city and expand it's Elk Grove Village facilities. Boeing might move back to Seattle. The CBOT and other exchanges will carry through on previous threats and move what's left of their trading floors to the burbs, out-of-state of cyberspace. And that's just for starters.
In fact, the people who will be disparately impacted by such a move will be city workers required to live in Chicago. How about the City Council address the overspending habits that have driven this place into the financial ruin it currently occupies?
Labels: dumb ideas
posted by SCC at 12:05 AM
43 Comments:
Time for a change. There are churches that can use his rebellious spirit..like Somalia, China, Siberia, Iraq. Being the egomaniac narcissist that he is he will probably just start his own church.
Saw where Rahm wants to borrow another $1.1B to pay off some debt. The liberal mind is an amazing, sick, and twisted organ. "We maxed out our credit cards?! Let's get another one to pay it off!! My God I love Charles Ponzi".
I saw rahm is going to borrow another $1.1bil to "restructure debt", and pay some bills too.
An income tax makes perfect sense if it will get the city in the Black. However, Dallas, has been trying to lure Boeing for a long time, and Texas does not have income taxes
Let's have a little reality check here.
Between Chiraq and Kilwaukee (well, actually in between Cook and Milwaukee Counties), how many people do you think live in the three counties (Lake, Kenosha and Racine) along the lake?
About 1.1 million. And that doesn't take into account any of the counties to the west -- this is just along the lake. What it illustrates is that we are our own metropolitan area and the need to go to Chiraq or Kilwaukee lessens by the day. Except for airports and ball parks, we have shopping, theaters, clubs, jobs, you name it.
Gone are the days of going into the Loop to go shopping. If you live north of Lake-Cook Road it's easier, faster and often cheaper to go to Milwaukee's airport where it's usually less than 15 minutes tops from your parking spot to the gate. You can see the Cubs and Sox at Miller Park. Shows? Downtown Milwaukee is still fairly safe but, if you don't want to go there, Madison is two hours away and there's also the Genesee in Waukegan and, of course, Ravinia. Shopping? The suburban malls have more and bigger stores than in the downtowns. Groceries are cheap five minutes north of the state line at Woodman's in Kenosha (and no sales tax). Health care? Medical College of Wisconsin and Children's Hospital. Lake Forest Hospital. Condell. You can take small kids to the city zoo in Racine where maybe it's a buck to get in.
This isn't trash talk but a serious reflection on how unimportant the big cities have become and how less relevant they will be in the future. It's simply too expensive, dangerous, inconvenient and time consuming to do business in Chiraq and parts of Milwaukee are pretty unsafe, too. So why should we go there when virtually everything we need is close by, safer and cheaper? These lame, corrupt politicians have been driving good people, jobs and money out of the city for ages. They don't get it.
Off topic: Hey Garry, Compstat still doesn't work! Lol.
SCC
You hit it on the head. City income tax? NO WAY.
Luckily, neither my wife or I work in the city now. She just switched jobs and works outside of Cook County. I told her to somehow get out because I saw this coming.
Since raising the sales tax to over 10%, we have tried to avoid coming into the city for anything.
Cut the budget. Cut spending. Reduce taxes and you might get more people coming into the city. Initiate a City Income Tax and forget naming the city Chiraq. Call it Dry Gulch - a ghost town.
Does not make much difference if Chicago has an income tax or not. You can be sure that the Crook County president Prekwinkle will have one very soon also.
The commander of the 25th district held a barbecue cookout for all three watches. The food and snacks were to die for. Thanks commander and the supervisory staff of 025.
How much has Maggie Daley park cost us so far?
Two words---SPEND LESS.
Joe Moore just another idiot! We first have "curious George" Cardenas with the "tax the suburbanites" idea now we have "what's up joe" Moore with this! Like SCC says cut spending! Entitlements cut, aid to illegals cut, alderman cut, cut all the stupid aldermanic committees that pay them so much extra money in bonus, cut the city clerk and treasurer CPD drivers valet services, cut the building new schools while closing others ( huge waste), river walk expansion nice but cut it we don't have more billions to throw at rahms dreams! That's just for starters!
So, once again, the haves will be paying for the have nots!!!!
How about cutting some programs, douchebag.
If inacted, I'm defiantly moving and my career with cpd is over. Tired of the bilking. Better jobs elsewhere.
A fair and graduated income tax is a small price to pay for all the benefits of living in America's premier city. It will also be deductible from federal income tax.
But the city always seem to have money for those who vote for a living.
Ohhhhh nooooo, we can't cut money for THAT.
Call the next case. Not a cop.
"...ability to pay." Great, we taxpayers keep paying the bulk....typical DemoRAT idea.
--No Cop Here
These Poot-Butt Politicians wouldn't dare pass something so punitive
and counter-productive as a city income tax. Especially on the
productive and law-abiding who CAN and WILL flee and take all
their "free" money with them...
The Back-Of-The-CTA Bus 3-Card Monte
& Kabuki Theater Extravaganza continues...
"Watch out fo' dese pickpockets on dis heah mufukkah!"
Especially that little digitally challenged, arch-hobgoblin
running around under everybody's ass...
Breads & Circuses.
Swishing robes.
Clanging gongs.
Frantic plucking of stringed
musical instruments.
Energetic kazoo playing and wind-up dentures madly chattering.
Shrieks, moans, laughter and hysterical crying.
Skull-Men riding on the rear bumper screeching vile and barely
decipherable invectives as they claw at the rear window trying to
get in...
This hath Rahm wrought...
Oh well... Enough of the productive may flee that Rahm will
exact some sort of punitive retribution on us captive
"Public Servant" peons.
If he hasn't already.
Remember...
He has a P L A N.
Rahm has been planning on implementing the City of Chicago Income Tax for at least 2 years. He was asked about this at an press conference a while back.He denied it and stated that he would never do it...Lol..
Anonymous Anonymous said...
A fair and graduated income tax is a small price to pay for all the benefits of living in America's premier city. It will also be deductible from federal income tax.
6/12/2015 07:53:00 AM
THERE'S ONE BORN EVERY MINUTE
Saw where Rahm wants to borrow another $1.1B to pay off some debt. The liberal mind is an amazing, sick, and twisted organ. "We maxed out our credit cards?! Let's get another one to pay it off!! My God I love Charles Ponzi".
And then "investigate" Moodys and "wall street" for making the loan. I hope he can't get the loan, I hope he is prevented from cutting pensions.... not much of the family silver left to sell, ITS TIME TO CUT SOME COSTS IN THE CITY. The corruption tax debt is coming due.
Time for a lateral transfer
Anyone who believes a casino will end Chicago's financial plight needs to read the June 9th Article in USA Today. Atlantic City N.J. built a 2 billion dollar casino and christened it a "game changer" in the financial life of that city. Now, two years later, the Revel Casino is closed. Two of Trump's properties are also bankrupt including the Taj mahal.
Detroit has an income tax,,,,she how well it's done for that place
This tax the rich bullshit has to stop. A person that pays 15% of 200k has the same tax hit of someone who pays 15% of 75k,,,,,the tax that really is disproportional in sales tax where ermine pays the same whether they are on public aid or are the ceo of Boeing
Once the financial reset takes place, the nightmare will be over.
"This isn't trash talk but a serious reflection on how unimportant the big cities have become and how less relevant they will be in the future. It's simply too expensive, dangerous, inconvenient and time consuming to do business in Chiraq and parts of Milwaukee are pretty unsafe, too."
This. ^
Chicago has promoted the fairytale of its own "exceptionalism" for decades. Meantime the quality of life elsewhere continues to improve while Chicago's continues to deteriorate. Finances, crime, ethics, corruption, city services. You name it and it's broken. And now a city income tax?
Get a clue, Chicago. Way more is broken than mere money can fix.
When a business is mismanaged (under normal conditions) it goes bankrupt and its assets are sold at a discount to someone else who will attempt to make better use of them.
Political systems, sadly, can be mismanaged almost forever, until they metaphorically turn pastures, forests and green valleys into lifeless desert. The Chicago and Illinois machines are monopoly criminal organizations run by Alphonse Capone's step-children and the next 20-30 years of slow, suffocating death will be characterized by what Charles Hugh Smith described yesterday:
http://www.oftwominds.com/blogjune15/city-template6-15.html
Look for reduction in VRI numbers after summer at end of July and possibly ending program by October in order to save tax dollars. It was a great run but it is very expensive to the tax payers. Contrary to belief this program is not entirely funded by federal money.
Just so you all know, Police and Fire make up over 80% of the City's budget.
there are some seriously deluded politicians out there. the thing is that it takes a while for these kind of things to do the damage they will ultimately do. for a few years you will increase revenue. but eventually the damage will start to take its toll.
When I read last year's budget, Rahm borrowed money to "refinance" old debt.. but if you read through the budget carefully, you could see not all the money he borrowed paid off old debt. A large chunk was spent on new expenditures. For the sake of the city, once this information is available, somebody needs to detail how much more the city is spending than it took in in taxes.
Higher state and local taxes will increasingly subject the middle class into alternative minimum taxation by the feds. Not necessarily deductible at all.
If inacted, I'm defiantly moving and my career with cpd is over. Tired of the bilking. Better jobs elsewhere.
6/12/2015 07:51:00 AM
vri will miss you.
An income tax is a good idea. It would encourage more rich people to move in by forcing poor people to move out of the city. A new demographic is moving into the city: the affluent, well educated, professional working class and cultured. So the city might as well take advantage of this new class of people moving into the urban core and outer core. Say what you want, but the affluent and educated want to move into cities like Chicago. Chicago has many wonderful restaurants, a night life and cultural amenities that other cities would die for.
Remember that a city income tax does not effect the "employer". It will effect the employee.
As long as the company is getting tax breaks that will be good for their bottom line.
New York has a city income tax that helped bail them out when they in financial trouble.
They didn't have a mass exit by businesses.
A fair and graduated income tax is a small price to pay for all the benefits of living in America's premier city. It will also be deductible from federal income tax.
6/12/2015 07:53:00 AM
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HEY...Where are all the Coppers here???
Here's a guy talking after hitting the crack pipe too much. Arrest this idiot!!!!
A small price??? You can pay my share then!!! At this point, a fair tax is NO tax. CUT SPENDING. CUT THE ALDERMEN to 20.
Anonymous Anonymous said...
Just so you all know, Police and Fire make up over 80% of the City's budget.
6/12/2015 11:48:00 AM
Doubt it, but bring your proof to the table.
Give the people what they want. Don't get in the way let crime run rampant!
If police and fire make up 80% of the city budget then they have been lying about what the budget is all along and people should really be pissed and find out where the money is going!!!! Typical politicians who have never had a real job trying to create new revenue streams and never think of just not spending on stupid shit and stupid people!
@6/12/2015 03:48:00 PM No... all, the "affluent and educated" I know are moving out of Chicago, and none are wanting to move into the city. Yes, Chicago is a beautiful city with a lot of unique features you can't find elsewhere... but the downsides far outweigh the upsides, making Chicago a nice city to visit, but not to live.
I can tell you this much, if there's a city income tax added on to the soda tax, bottled water tax, driveway tax, carryout tax, lease tax, head tax, red light camera tax, speed camera tax, parking tax, property tax, and the insane sales tax they can forget it. The people I know who run businesses will find it advantageous to move out of the City.
Maybe to Indiana, maybe up north to WI, or to one of the 'burbs...
Chicago is sounding it's death knell. And Joe Moore is a moron...always has been.
"An income tax is a good idea. It would encourage more rich people to move in by forcing poor people to move out of the city. A new demographic is moving into the city: the affluent, well educated, professional working class and cultured. So the city might as well take advantage of this new class of people moving into the urban core and outer core. Say what you want, but the affluent and educated want to move into cities like Chicago. Chicago has many wonderful restaurants, a night life and cultural amenities that other cities would die for."
6/12/2015 03:48:00 PM
#4.
Doesn't discuss, just reiterates.
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