Chicago follows the Detroit solution. As the people flee and revenue falls, raise taxes. Works every time.
NJ is doing the same; we already pay among the highest taxes in the nation, and elected a Dem governor who pledged to raise taxes.
In a nutshell, people who either 1) pay not taxes, or 2) are PAID BY taxes, are outvoting the rest of us. They are a significant portion of the 47% Romney mentioned that starts out in the Dem column each presidential election; Republicans are fighting to swing that last 3% away from them...
The problem is that Illinois specifically Chicago retirees are moving to Florida and getting the benefit without providing any revenue to the city. Tax the pensions whether you live in Chicago or not. That is fair!!!!