Hundreds of millions of dollars in tax revenue left Illinois when Ken Griffin & his 900 employees from Citadel left Chicago for Miami. Citadel is only a shell of what it used to be - in Chicago. But it is BOOMING in Miami. Sadly, the only thing booming in Chicago these days are people's property tax bills.

Every single time a company leaves Chicago, its jobs & tax revenue leaves with them, leaving those of us left behind paying higher property taxes to make up for the revenue loss.

THIS is the crux of the issue. If we want lower property taxes, which we all do, then we NEED MORE JOB GROWTH.

We need to grow our tax base. More companies, more jobs, MORE working people paying taxes because they have jobs, instead of less people paying more in taxes (as is the case right now).

Keep chasing those jobs away with terrible fiscal policies like
@ChicagosMayor
's head tax proposal, and the working people will find themselves facing higher unemployment AND higher property tax bills.

As I've said before, "fighting for working people" requires creating jobs for people who want to work, not chasing them away. It requires partnering with, not penalizing our job creators.

https://x.com/susanamendoza10/status/1999470630207410413

Wes commentary:

This is is simple economic sense that the more people and businesses you have (more income and more taxes) the less everyone has to pay. Tiki, RVA and some of the other ignoramuses on that board aren’t stupid. They act like they are offended when someone decides to leave a toxic economic place with awful weather and traffic.