by meep
Sigh.
Well, if you’re going to go for the gold, you may as well throw in all the clever tricks.
I will grab from Wirepoints about the main “clever” ideas.
The administration will pursue three of the worst ideas available:
• First, the state will borrow to pay off pension debt by offering a $2 billion pension obligation bond. We and many others have already written very extensively on why pension obligation bonds are irresponsible. One...
by meep
Yes, I’m being a little hyperbolic in calling billions of dollars in tax abatements as a bribe, but that’s the situation in New York.
I will be linking to other people’s commentary in a bit, but I’m pretty pleased that Amazon will not be coming to Queens. This is not...
by meep
Universal Basic Income Pilot In Chicago Takes Cues From California
A Chicago task force dedicated to studying economic inequality released on Thursday its recommendation to explore a guaranteed income pilot and expand the Earned Income Tax Credit.
The recommendations were included in a 50-page report filled with data about stagnant wages...
by meep
This is not intended to pile on… exactly. The news post from this morning I had built up over a week, just throwing in random-ish corruption stuff. The following I found out about right after I posted the morning item, and relates directly to something I wrote before.
Remember my...
by meep
So this isn’t really a theme post, other than to grab a bunch of corruption-related stories from the news, encompassing mainly Chicago but also a few other places.
Burke has yet to be actually prosecuted, who knows if Solis will be arrested for anything, and what about everybody else involved?
by meep
Before I begin with the tax stuff, I feel like preening for a moment: one of my most useful skills is that I can learn from other people’s mistakes. I can watch someone do something ill-advised, see the result, and then say “Hey, I don’t need to try that out!...
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