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@StuLoren
"Promoting industrial electrification without promoting the investment needed to power said electrification is going to have very foreseeable electricity pricing consequences"
X Link @StuLoren 2025-10-15T20:34Z 8908 followers, 4320 engagements
"By the time we receive property these tax bills well have just a few months (if not less) before the first tax installments are due in March 2026. This is going to screw over financial planning for countless residents. There should be a X month grace period for the next bill"
X Link @StuLoren 2025-10-10T20:33Z 8908 followers, 14.2K engagements
"I'd like to know what specific federal cuts impact Chicago's corporate fund which is "the budget" the mayor has to put together. Federal corporate tax rates haven't changed since 2018 (and IL has XXX% rate). I have no clue what the mayor is talking about - neither does he"
X Link @StuLoren 2025-10-07T19:59Z 8908 followers, 3540 engagements
"Beyond the mind-shattering stupidity of disincentivizing job creation in Chicago when we are coming off a 5-year stretch of sub-1% growth and conflating federal vs state taxes (btw IL corps pay one of highest tax rates in US) well there is nothing beyond that. This is insane"
X Link @StuLoren 2025-10-16T22:55Z 8908 followers, 6191 engagements
"In a sane world we should be focused on the fact that our mayor is an admitted socialist (surprise) our economy continues to stagnate our school system is in disarray and that the city faces a $XXXX billion (and growing) budget deficit with no clear plans to address it"
X Link @StuLoren 2025-10-09T11:55Z 8902 followers, 4517 engagements
"Bloomberg reporting that Chicago increased revolving credit lines by a total of $200m between RBC and BofA just as we enter into budget negotiations. Short-term debt isn't a solution to long-term deficits. Each agreement has borrowing terms redacted. This isn't the JFK files"
X Link @StuLoren 2025-10-14T21:56Z 8908 followers, 14.5K engagements
"3/ The idea automatic inflation adjustment to property taxes is inherently unfair. 1) Inflation has outpaced wages here by X% the last X years. Automatically tying taxes to CPI would be a double punishment to many. 2) Property tax reassessments largely track - if not often exceed - inflation Not everyone has an inflation escalation clause in their contract. And just because your house value has gone up on paper it doesn't mean your cash flows have followed suit. If we must increase our already high property taxes (and dont forget the assessment increases) I think the lesser of CPI or nominal"
X Link @StuLoren 2025-10-14T02:30Z 8903 followers, 1022 engagements
"We paid a few million dollars to E&Y to review our budget pressures and the mayor assembled a fiscal advisory group that released a lengthy report. And this idiotic and destructive head count tax (along with others Austin is chronicling) is the best the mayor can come up with"
X Link @StuLoren 2025-10-16T15:18Z 8908 followers, 5594 engagements
"Banking on a casino to provide the city meaningful financial relief always struck me as quite the. gamble"
X Link @StuLoren 2025-10-15T15:57Z 8908 followers, 2593 engagements
"1/3 In addition to the corporate head count tax the mayor will propose an even HIGHER cloud computing tax. It's 2025 not 1925: capital skilled labor and TECHNOLOGY is highly mobile Are we trying to stay in last place for lowest trailing 5-year GDP growth of top-25 US cities"
X Link @StuLoren 2025-10-14T02:30Z 8908 followers, 8956 engagements
"2/ Our newly appointed socialist Alderman friend wants wealth redistribution. Even if you thought this is a good idea you cant pull it off at city or state levels - only federal - because guess what Youre proposing to tax the most mobile cohorts How about economic growth"
X Link @StuLoren 2025-10-14T02:30Z 8908 followers, 16.7K engagements
"Another of the mayors key allies. Look everyone is entitled to their views but it would be nice if we shared some common facts on how the city budget and federal/local taxes work Also there are definitely more than two sides For instance economic growth higher than 1%"
X Link @StuLoren 2025-10-14T04:47Z 8905 followers, 3231 engagements
"Pretty pathetic for Illinois - the state with the largest fleet of existing nuclear reactors - not to be one of the states involved in the Advanced Nuclear First Mover Initiative. The window to attract billions of new industrial and tech investment wont be open forever"
X Link @StuLoren 2025-10-15T19:56Z 8907 followers, 3928 engagements
"I frankly dont know how we havent already been downgraded to sub-investment grade. We either need to fund pensions at minimum levels or just admit they are insolvent and push for reform. Just remember that markets will sniff out any issues before credit rating agencies do"
X Link @StuLoren 2025-10-16T16:52Z 8908 followers, 3667 engagements
"You'd think the governor's economic and fiscal policy report might want to discuss for more than a sentence or two a 20%+ cost line item. The report barely covers pensions despite that being the largest and most persistent structural liability driving IL's fiscal imbalance"
X Link @StuLoren 2025-10-10T02:31Z 8902 followers, 3272 engagements
"The mayors pending tax proposals are rooted in economic illiteracy and factual delusions. For the zillionth time: Federal taxes have no bearing on Chicagos corporate fund revenue and fed tax rates havent changed since 2018 And good luck attracting business by taxing it more"
X Link @StuLoren 2025-10-16T14:14Z 8908 followers, 3497 engagements