Tax Base Shrinking
Someone discovered a 2022 video of the McDonald's CEO saying he couldn't get execs to agree to move to Chicago because of crime concerns. Here's the article:
In a recently unearthed 2022 video, McDonald’s CEO Chris Kempczinski warned Chicago business leaders about the city’s escalating crime crisis, calling it “increasingly difficult” to operate globally from there. In a viral clip, he noted executives’ reluctance to relocate to Chicago, emphasizing the company’s commitment is not “open-ended” or “unconditional” due to shareholder obligations.
In the same clip, posted to social media, journalists highlighted it as a “stark warning,” suggesting the headquarters might leave after decades. Conservatives on social media blasted the woke city, pointing to the reality of societal decay from deficits, homelessness, violence, and fraud.
In any case, the clip of the CEO began with a journalist introducing the leader of the fast-food giant’s comments. “The CEO of McDonald’s is making a stunning revelation to other corporate CEOs: Chicago, crime is making it very hard to do business,” a reporter noted.
For those keeping track, Chicago lost another three of the Fortune 500 Corporate HQs in the intervening three years, dropping Chicago down to only twenty-five of the top companies.
If you really really want to get into the weeds, check out this article from Illinois Policy showing job growth hasn't just ground to a halt in Illinois, it's shrinking:
Chicago businesses reported the lowest recorded employment score since May 2009, according to the Chicago Business Barometer.
For the second consecutive month, no survey respondents reported increased employment.
The analysis gave Chicago an overall score of 43.5 in December 2025, the 25th consecutive month of decline. A score below 50 indicates decline.
Not a single Illinois company reported employment growth for the second consecutive month and the state-wide unemployment rate climbed from 4.1% to 4.5% (nationally it's 4.3%). The only growth sector was :::surprise!!!::: in government, meaning more taxes from a shrinking tax base. That is NOT a good model.
Labels: money questions









29 Comments:
Fuck you !!! Crime is down and McDonald’s is racist !!! if ur not on board with our narrative then get the fuck out ! We don’t need you ! We love our criminals and if wasn’t for them we wouldn’t be getting OT !!!
Mission accomplished according to the democratic agenda of destroying the country.
They told us who they are, and what they will do, and they are doing it. Why is anyone surprised?
Let'em go...still working slobs that we can raise taxes and fees on.
Look at substance news on social media networks, the guy goes downtown around 1630-1900 hours showing how barren the area is of state street and Michigan avenue, not long ago the area was crowded, people coming home from work, shopping, dining etc. now he shows drug addicts and felons waiting for their prey. Thanks to porky and his mentor conehead 2 absolute failures this is the result, heck even the bears are looking to lose millions building a new stadium in Arlington Heights now strongly considering the well managed blue state of Indiana! They need to resign immediately.
I remember when Nitwit Lightfoot scolded the McDonald’s CEO after he commented on a west side momma getting shot at one of their drive thru areas. Lori demanded an apology for him criticizing momma’s parental skills. Think at that point this CEO (and billionaire Ken Griffin) decided to take their tax revenue elsewhere. Thanks again, Lightfoot!
Yes smart people won’t move to Chicago. Makes sense.
There’s really no benefit for any company, big or small to set up shop in Chicago. The crime and and high taxes are a no no for business.
Hard to believe with the labor pool that CPS provides McDonald's here in Chicago.
Maybe someone should send PORKY this information...but hell go on TV and say Illinois is the most prosperous state in the country...POS Liar
Garrido probably would probably defend the homeless arsonists as noble if they owned a dog.
Wow..this video is certainly an EYE opener!! Kudos to Fox News for bringing this potentially devastating news to light...The public better wake up!! Theres only 1 reason this City and State is a failure....DemoRatic Failed Policies. Great Job Conehead and Porky. Porky has ruined this state and he know wants to destroy America?? FU!! Every news media should be playing this video but we all know they dont have the balls.
Add to that, President Trump stated yesterday that no more funds are going to sanctuary cities / states starting 01FEB.
Your move, Porkie.
https://www.politico.com/news/2026/01/13/white-house-end-funding-sanctuary-cities-states-00726557
Luck Farry.
Cuck F0PA.
<3,
376 P0W
the democRATic liberal citizens of chicago don't need a job, they are promised everything for free, it's the other guy that has to work while they get to sit around all day getting high and going to the booty salon
But over 50 nail salons opened up along with several Gyro stands so everything is even. Now all we need is a couple of dollar stores and everything will be good.
What we need is more illegals who don't want to work.
Save big money.
Privatize CPS!
Michigan Avenue now smells like piss, shit and weed. Once a glorious corridor of high end shopping, the democrats have turned it into a slum. No grandeur anymore. A lot of the high end stores have left. It's just ghetto thugs shooting it out at night and illegals with their illegal businesses cutting hair and serving up slop homemade in their kitchens. The media and democrats fawn over them and love to say how crowded it is downtown and how resourceful the poor "migrants" are. They love to say this is culture. Meanwhile actual citizens have to be licensed and pay fees and would get in trouble for doing what the illegals are doing.
How are the Great Unwashed Democrat Welfare Voters faring?
You know exactly what they will all do...See Ya In Court!!!
Yall Racist MF's.....Now Fuck You, Pay Me!
Indiana is a red state. However the political apparatus in Lake County, IN where people are moving to in droves from IL is a democratic stronghold. Once you get south of Gary, Hammond, East Chicago, and Merrillville, it’s mostly red until you get to Indianapolis. I agree though it’s a well run state and the Governor is offering a lot of incentives to the Bears to relocate
Pritzker will blame President Trump.
Isn’t Douglass HS updating the gym for their basketball teams?
Our pension is doomed and it's being done on purpose.
just don't get rid of the pie-pie chicken or the corner liquor store where the chillins get their grape pop and flaming hot chips for breakfast on the way to school where they get a diploma they can't read
Secretary of State douchebag is suing the govt over switching license plates. what a fucking joke. But they do nothing to all these shitheads with no plates wrong plates no insurance and no drivers licenses. Keep voting for Democrats
Add some currency exchanges and sharks fish joints to boot
And they commi school board just secretly voted to raise property taxes again.
And yet the politicians see nothing wrong!!!
🙄
Post a Comment
<< Home