Piss Poor Planning Again
This is typical of politicians everywhere, so Conehead isn't be one-hundred-percent at fault. We've written about this before:
- a politician dreams up a new tax/fee/payment for whatever;
- they claim without any proof whatsoever, that this tax/fee/payment with generate $100 bazillion dollars;
- the City Council (or Springfield or DC) passes the new tax/fee/payment;
....and this is the important part....
- they then pass a new spending budget with these imaginary tax/fee/payment dollars baked into the budget numbers without having seen even a single new dollar in the tax coffers.
Normal people, being normal, adjust their spending habits on what benefits themselves the most. If that means forgoing a new purchase or skipping a trip downtown or even cancelling something that they don't really need, but had been buying it out of habit, then they'll do that.
And suddenly, government isn't getting money that they had planned on getting....and already spent. So they end up....RAISING TAXES TO COVER THE "SHORTFALL" that isn't really a shortfall but rather another example of poor planning.
Like this:
When the City Council unanimously rejected Mayor Brandon Johnson’s proposed $300 million property tax increase, it blew a giant hole in the city’s $17.3 billion budget. Now, the hole is getting bigger.
A tax on prepaid phones and calling cards the Johnson administration was counting on to raise $40 million has been shot down in Springfield. Illinois Retail Merchants Association President Rob Karr said there were technical problems that must be fixed in the legal language the city drafted.
The city also had assumed the increased tax (9%, up from 3%) would take effect Jan. 1 — a virtually impossible deadline for retailers.
If we started running our household budget like this, we'd be bankrupted by late fees and foreclosures and massive interest payment hits.
But Conehead (and the pols) just raise our property taxes by hundreds of millions.
Labels: money questions
25 Comments:
the democraps are most qualified at spending other people's money
cone head was delinquent in his water bills and parking tickets until less than a week before the election. Some how, despite he and the first lady ( ha ha) having a household income of about $200,000 he was able to get on the budget plan and make payments
He wasnt even going take care of the balance until someone reminded him that he couldnt be a City employee if he owed the City money.
He shouldnt be running a lemonade stand
Just vote democrat....don't worry.
Trump appoints Musk & Ramaswamy to proposed Dept of Government Efficiency to cut waste and find out where all the money has gone.
We sure need that here, but no Democrats need apply!!
One of the first things 0bama did was raise tobacco taxes.
In the case of roll your own the increase was over 1,000%.
They claimed they were doing it for the smoker's own good and that the higher taxes would make them stop.
Lo and behold many smokers did quit and suddenly the programs that were to be funded via tobacco taxes were under funded.
I could understand it if tobacco taxes were used to offset the strain smokers put on publicly funded health care.
Instead the new windfall was used to cover some expanded healthcare benefits for children.
What if you are smoker and don't have kids?
Fuck you, pay me was Bathhouse Barry's message.
I suspect the lost tax money is why Biden went after vaping the way he did.
So much for helping the smokers for their own good.
The message from the government now seems to be "Keep smoking! We have bills to pay!"
Here’s an idea!!! Start wrapping police cars with paid advertising. I mean we already have the lgbtq cars……
It’s easy when you’re spending someone else’s money it’s the democrapic way
A Democrats budget is not a balanced budget.
Democrat equals deficit spending, equals tax increases.
Even the lard ass governor cannot provide an actual balanced budget. Good thing he never had to work in the family business or there may not have been a trust to inherit.
Bad government budgets result from Democrat officials.
and did you notice the extra $5 or more added the monthly peoples gas bill? they call it the "low income discount adjustment" company rep said it was a new law recently passed by the illinois politicians to help those in need,, it will be added on every bill for now on,,,,,, funny how I don't remember voting for it
That's because they are SPECIAL.
Shittycago is very close to being given a junk bond rating. The real question is how can you be off a billion dollars on a budget. Who's bonehead's accountant, Mr. McGoo.
That's the idea behind sin taxes. Raise taxes to discourage their use. For some reason, they don't realize it applies to all taxes.
My only answer is to Move away from Chicago, Cook County and Illinois to get away from stupid Democrat Politicians and move to any Red State!
Start making anonymous tips when a suspected illegal criminal is detained!!
They want to raise our taxes for these illegals??FUCK YOU!!!
Why are officers being denied legal representation by the fop when they have to give statements to IAD? Why are we instead being represented by board members who are nothing but washed up coppers who we're even good at being the police? Aren't our dues supposed to pay for duty related legal representation? Where is $1000 a year we pay in dues going? Oh that's right, we're not allowed to know.
It gets better, using COVID $ CPS hired an additional 7800 staffers. That $ is gone, now what?
also true of marxist socialists they are
I like that. Have one sponsored by the CTU, another by Farrakhan, another by the Gangster Disciples, another by JB Lizzo, etc.
Johnny McGoo, solid guy from Bridgeport.
All of this including the Clown Anti-Sa T act is being passed by the Black Caucus and the Libtard democrats from Shitcago. This is why when you leave crook county you find out how much the rest of IL hates Crook County and Shitcago.
Worked for me! All the Democrat Socialist Communist Libtards need to stay in Hellinois. Don't bring that crap to another State.
Jack up taxes! Sheesh, are ya new here?
$40 million in new taxes on prepaid phones and cards? LOL... That crap can be bought anywhere - just over the City or County line... Stock up!
Just like:
* Bottled water
* Soda pop
* Cigarettes...
Knew a few chain smokers back in the day who would alternate "making a run" to Indiana to purchase about 50 packs or more at a time when Crook County jacked up the per-pack tax to some asinine amount of money.
Maybe Chuck “the man with no jaw or brain” can do a piece on Brandon getting his 30,000 dollar haircuts and facials can unlicensed and illegal home studio, who is paying us or him. Us, that was a no brainer.
About our social security reduction
https://finance.yahoo.com/news/house-passes-196-billion-social-161533489.html
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