Posted on 05/18/2023 5:50:56 AM PDT by Rummyfan
You’ve got to appreciate brand-spankin’ new Chicago Mayor Brandon Johnson for being so forthright about what he intends to do to his struggling city. Johnson promised at his inauguration on Monday to “build a Chicago that means our economy gets to grow by rerouting the rivers of prosperity to the base of disinvestment,” whatever that means, “So that no one goes thirsty.”
What it really means is new and higher taxes, and Johnson’s “progressive” allies, Saqib Bhatti and Gabriela Noa Betancourt, stepped immediately into action, releasing a fiscal blueprint for the city called “First We Get the Money.”
The name was chosen by the Action Center on Race and the Economy (ACRE) policy organization after “Pay Up, Sucka” scored slightly lower with focus groups.
The package includes a metric butt-ton of new spending, naturally, but it’s the $12 billion in new taxes that will make people scream in agony. For reference, Chicago’s “historic” “recovery” budget last year was “just” $16.7 billion.
New or increased taxes include but are not limited to:
An annual head tax of $33 per worker for companies with 50+ employees
Quadruple the tax on jet fuel.
A 3.5% income tax on households making more than $100K
A 0.4% “wealth tax” for the top 10% of city earners.
$1-2 transaction tax for financial exchanges.
Needless to say, the taxes mostly hit one kind of Chicagoan with two particular (but related) skills: The ability to pay and the ability to get the hell out of Dodge and not pay.
(Excerpt) Read more at pjmedia.com ...
Good for them!
A ‘financial transaction’ is the buying or selling of anything & everything.
Buy a $1.59 Slurpee & pay a transaction fee of $2.00......
Same suicide is Biden Admin (Biden is just a stooge) getting rid of ICE automobiles, rid of new gas stove and gas heating hook ups (NY and California so far) AND our open borders. 6 million infiltrators so far
Sure, but with a *LOT* more blacks (29% vs 5%) and a *LOT* more shooting. I wish I could find the correlation. /s
Chicago weekly street kill rate:
Time to see if “Snake Plissen” is still available and make a new movie. Escape from Chicago!
“chicongo”
That is an unfair slur...of the Congo!
“… Quadruple the tax on jet fuel.…”
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The thirsty DemocRATS apparently don’t realize that Airplanes fly in and out of Chicago from and to OTHER airports. Those other airports also have the capability of refueling aircraft. Airlines have the capability/flexibility of determining how much fuel (if any) they take on at particular airports.
If Chicago quadruples their tax on fuel the amount of fuel SOLD in Chicago will DECREASE SUBSTANTIALLY and the actual TOTAL taxes collected on those sales may actually decrease. UNINTENDED CONSEQUENCES!
Sounds like a viable plan the RATs would come up with then watch all the diverse groups kill each other over the crumbs.
My apologies to the Congolese.
I think this may be the the actual bottom addicts must hit before reformation…or death. Considering this is America, I believe it will be the former and not the latter.
Yep blue cities are crack house capitals of their states.
I couldn’t be more glad to rid of any and all property ownership in this crap hole.
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