State Pension Crisis Strikes All Property Owners In Illinois

It may be tempting to think that only pensioners are being affected by the nationwide pension crisis, but that's certainly not the case. In some states, runaway taxes are a reality, and the problem is only going to get worse in states governed by leaders who did nothing about the pension crisis but kick the can further down the road. In the case of Illinois, every single person who owns property is likely going to be penalized—for the state government's avoidance of the issue.

A solution that's not really a solution

The Chicago Fed revealed its "solution" to the statewide pension crisis last...