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The folks who brought us “Illinois is Broke” are about to make Illinois broker.

October 24, 2011

Illinois is Broke is the creation of Ty Fahner’s Civic Committee.

One member of the Civic Committee is former Wall Street deal maker, Mayor Rahm Emanuel.

Other members include the top 1% of Chicago Corporations.

Rahm, acting at their behest, wants a tax cut for the Chicago Board of Trade and the Mercantile Exchange. Senate President John Cullerton will oblige.

Illinois is broke and it will get a little broker if this tax break gets passed by the veto session of the Illinois General Assembly which begins tomorrow, Tuesday.

Illinois is Broke (the group) wants the same General Assembly to cut teacher pensions to save money.

And give tax breaks to the top 1%.

Need another reason to call?

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