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Podcast: News For Reasonable People
Episode: Johnson's BILLIONS Parking Meters BUYBACK: Chicago's Next Taxpayer DISASTER
Description: Chicago Mayor Brandon Johnson wants to spend BILLIONS of taxpayer dollars to buy back parking meters the city sold in 2008 for $1.15 billion. The revenue since then? More than double that price. What could go wrong? The city's finance committee chair is already sounding the alarm: "This will only cost Chicago taxpayers more money, which we can't afford, and will potentially lead to another credit downgrade." But this is the same mayor who just raised property taxes 100%+ in some neighborhoods and hiked the cloud tax to push businesses out of the city. Now he wants to drop billions on a...