Home Illinois News Illinois’ Unpaid Bill Pile Hits a Record $12.8 Billion – Reuters Illinois' Unpaid Bill Pile Hits a Record $12.8 Billion - Reuters March 18, 2017 2 Share on Facebook Tweet on Twitter That’s $1,000 per person. Multiply that by ten for the unfunded pension debt. ShareTwitterEmailPrintGoogleFacebook Read Article Sort by: newest | oldest nixitThis calculation would be more meaningful if measured by tax returns or household. A large number of taxpayers don’t pay state income taxes because they don’t make enough, so their inability to pay will fall on others. Add on the retirement income tax exemption and the number of folks footing this bil becomes even smaller. You can apply this measure to pension debt as well. 3 months 9 days agoWirePointsNixit, exactly right. In fact, suppose you use the progressives’ state goal of raising taxes only on the top ten percent. We’ve calculated that before, and if you are in Chicago with all the overlapping pensions, it approaches $1 million per household! 3 months 9 days ago wpDiscuz Recent Wirepoints Originals Speech Muzzlers Triggered: Chicago’s Theater Community On The Attack – WP Original June 21, 2017 Together we make great theater -- unless you disagree with us, in which case you're a bigot. New Study Details How Pensions Exploit New And Younger Teachers – Wirepoints Original June 14, 2017 Illinois gets an 'F' as you'd expect, but we have plenty of company on this. Why You Shouldn’t Believe The Illinois Budget Deficit Numbers Released This Week – Wirepoints Original June 11, 2017 True numbers are 2X or 3X worse and show the genuine bind Illinois is in -- not just an ego clash between Rauner and Madigan. Wait for July To Downgrade Illinois Bonds To Junk — For The Subprime Anniversary – WP Original June 9, 2017 And a look ahead for the near term. Would Congress Authorize Bankruptcy for Illinois and Other States? Yes, Inevitably. – Wirepoints Original June 4, 2017 All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident. -Arthur Schopenhauer. And thanks to ZeroHedge for republishing this article. COGFA: State of IL Revenue Up In May But Still Down For Year – WP Original June 4, 2017 Up 7% for the month but still down 3.5% for the year-to-date. Great Speech By Rep. Jeanne Ives On ‘Union Thugs’ Vandalizing Construction Site of a State Rep. They Don’t Like – WP Original June 2, 2017 And shame on most of the Illinois press for ignoring this crime. Video: IL State Senator, Clueless About Bill He Sponsors, Blames Questioning On His Mexican Heritage – WP Original June 1, 2017 Truth is, most of the rest of the legislature doesn't know what the bill does either. It still passed. Same with most of what they rushed through this week. Skim through this database of City of Chicago salaries (and don’t vomit) – WP Original May 31, 2017 Names, titles, salaries and more.