ILLINOIS LEGISLATORS WIN “ULTIMATE CHUTZPAH AWARD”
Homeowners in Illinois had better start thinking about getting a second, or in some cases a third job in order to pay their future property taxes. Many state legislators now want local school districts to absorb the share of teacher retirement costs that are now currently paid by the state. That would cost my local school district an additional $12,000,000 a year. The district is already broke. Watch my $6,000 a year property taxes soar!
Illinois legislators stole from the state teachers’ pension fund for many years and called it, “borrowing”. They also violated the state constitution and failed to meet the state funded share of the pension system for many years. Then legislators blamed the pension deficits on “lucrative teacher pensions”. Now, rather than deal with the