Tag: property taxes
Chicago’s Road to Dystopia Is Paved with Public-Pension Promises

Have you ever wondered what it would really be like to live in a post-apocalyptic dystopia?

In Sacramento County, Bureaucrats “Correct” Their Error with Property Tax Clawback

The county ought to eat the mistake and keep their hands out of taxpayers’ pockets.

Time for Bond Investors, Especially in Chicago, To “Know What You Own”

Four U.S. cities went belly up recently, and all declared bankruptcy largely due to unaffordable government pension costs. The outcomes of these bankruptcies should make everyone think twice about lending money to cities with serious public pension debts. The graphic below shows the outcome of the municipal bankruptcies in Vallejo, Detroit, Stockton, and San...
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