Chicago Alderman Proposes “Fun Tax” on Rush Street Bars, Popular Pizza Restaurants

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Published : April 01st, 2016
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Category : Opinions and Analysis

In an exclusive interview regarding articles that I have written on the plight of Chicago finances, a Chicago alderman told me that he knows how to fix what ails the city.

“We cannot raise property taxes forever. It’s time to get creative. Too many people are having too much fun, while others suffer in misery. We need a tax on fun. Rush street bars and popular pizza restaurants need to pay their fair share,” said the alderman.

The alderman blamed governor Bruce Rauner and mayor Rahm Emanuel for this mess.

Commenting specifically on the plight of Chicago public schools, “We need higher taxes, and more creative taxes, for the kids” screamed the alderman straight into my face.

Upon further questioning, alderman Markham Upbigg revealed that his wife, Ponita “Pony” Upbigg is a Chicago public school teacher who is concerned about her pension. Pony Upbigg got the last word “Do it for the kids!”

Meanwhile, please let me point out, this is April 1.

Nonetheless, I wonder how far off reality this spoof will eventually prove to be.

Mike “Mish” Shedlock

Source : mishtalk.com
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Mish 13 abonnés
Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. He writes a global economics blog which has commentary 5-7 times a week. He also writes for the Daily Reckoning, Whiskey & Gunpowder, and has over 80 magazine and book cover credits. Visit http://www.sitkapacific.com
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