"It's okay that the Fair Tax failed, just cut waste": A thread
Wanna cut that bloated public sector? Oops, IL is 44th in the nation in public sector employees per capita, and 30th in state government spending per capita.
Up next: $2B in higher ed funding. Might be some room to trim there (Lovie Smith's salary, anyone?). But oops: IL has lost 17% of its enrollment since 2013, 3rd-worst in the country. Probably not the time to invest *less* in our universities...
Here's a big one: $15B in human services. Oopsie daisies: most of that spending is Medicaid, which gets federal matching dollars. If we cut that, then we lose money! The rest is like, child care and elder care and care for people with DDs. Don't think anyone's excited to cut that
How about $2B in public safety? Well I'm very down to reduce the $1.5B that goes to Corrections, but we're gonna need to pass some major criminal justice reforms to do that.
And then $2B in government operations, we covered that up top. 44th out of 50.
Last: $9B in pensions. Some reminders:
• They can't be cut, per the Constitution
• Retirees ALREADY PAID THEIR SHARE FOR THEM
• Many don't get Social Security
• If we want to make our pension system solvent long-term, we should actually be paying in *more* today, not less
So... the Fair Tax would have generated $4B. Would have closed our operating deficits, gotten ahead on our pension payments, and maybe even freed up a surplus to, like, help people during COVID and stuff.
If you think cuts are gonna fill the gap... show me where!
• • •
Missing some Tweet in this thread? You can try to
force a refresh
I think it's worth a little discussion about the meaning of the word "bailout" and why it's so offensive when it refers to our schools
The term "bailout" is derived from pilots jumping out of a crashing plane. It took on its financial meaning in the Depression, to refer to government spending money to save a failing private enterprise
So to describe meeting teachers' contract demands, like more nurses and social workers, as a "bailout" of CPS is troubling in two ways. First, it presupposes that CPS is irrevocably failing, which a) sucks, b) is wrong, and c) flies in the face of the city's own recent narratives
Looks like we're poised to call a vote on the Fair Tax amendment around 1pm today. Will post updates in this thread.
This is maybe the most important vote I'll take in my entire career. Let me explain.
In their infinite wisdom, the drafters of the 1970 Illinois Constitution put in a provision mandating one flat tax rate on all income.
That's resulted in a broken system where poor people pay way more in taxes than the 1%. (Sales, excise, and other taxes being very regressive.)
It's also meant that we have a revenue crisis in the state. Because taxing one person means taxing everyone, politicians are reluctant to raise revenues. So spending on basic obligations — schools, healthcare, etc. — have outpaced tax receipts.
1. @JBPritzker has been lying about this. He said his only offshore money was trusts set up by his grandfather. Turns out, he set up offshore companies himself in 2011. Not a good look.
2. He's talked this whole campaign about rich people paying their fair share. But he's been deliberately hiding his #JBillions in the Bahamas so he doesn't have to pay his share