Good night 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.”

Translation:  More Taxes

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.

Case in point: The Chicago Mercantile Exchange — founded in the city in 1898 and one of the largest trading floors in the world — on Monday threatened to relocate out of Chicago.


About On the North River

Forty years toiled in the Tel-com industry, married for 36 years widowed at sixty-one. New girlfriend at sixty-five. Was a Tea Party supporter. Today a follower of the Last American President to be honestly elected, Donald J. Trump.
This entry was posted in 2023, Can't fix Stupid, When Progressives Attack. Bookmark the permalink.

2 Responses to Good night Chicago!

  1. pjrae1954 says:

    Amazing how they think they can just keep stealing with no consequence…oh, btw: did I tell you I moved out of MA? Filed Federal Tax return annnnddd…that was all.


    • Thought you were out of here a while ago.  Or is just official now.

      Chicago, the rich can leave but the middle class that wait too long are
      trapped.  Their pensions are worth less, the IRA are taxed more and
      their biggest asset is their house (if they own it)  is being hit with
      higher property taxes and when sold the proceeds are raped by the
      ‘wealth taxes’.

      Odd, the poor with less to lose are the first to revolt.


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