Those who thought Mayor Rahm Emanuel would bring change to the city of Chicago thought wrong. As with president Obama, people in Chicago believed in change, but all they got was promises, lies, and the status quo.Thus it should be no surprise that Rahm Emanuel's Reelection Bid Is Not Looking So Hot Right Now.
US President Barack Obama's ex-enforcer Rahm Emanuel was crowned mayor of Chicago, picking up the mantle from retiring mayor Richard Daley, who has governed the US city for 22 years."I want to extend my congratulations to Rahm Emanuel on a well-deserved victory tonight," Obama said in a statement released minutes after Emanuel's acceptance speech."As a Chicagoan and a friend, I couldn't be prouder. Rahm will be a terrific mayor for all the people of Chicago."
Even more so than most cities, Chicago has had the best government money can buy. In this case, the money is willing to engage in a scorched-earth policy of crushing local investors and wrecking the city budget to achieve its end of taming unions and making Chicago even easier pickings for looting via infrastructure sales.
Illinois "Progressives" (a single word to describe "economically illiterate public union sympathizers") want to pick your pocket once again. The Progressives want to hike the Illinois 2015 top tax rate from 3.75% to a whopping 9%.
Moreover the income tax rate will go up on a sliding scale for everyone making over $18,000.