Illinois is governed by the people, for the people... if you can even call them people...who are enriched by the Illinois political industry.
It is the perfect business model, so long as there are sufficient fresh supplies of sucker money invested in the State. But these predatory savages of the Illinois Political Industry are running out of suckers.
Self cannibalization of Illinois taxpayers renders homeownership a losing investment by any comparison standards.
Taxpayers find that 20-30 years of home ownership does not create a retirement nestegg; Illinois homes carry annual tax rate capitalization devaluation of 1.5%-5% relative to homes all over America.
Illinois homes carry an additional ever-increasing shadow mortgage of public debt burden for extraordinarily high public defined-benefit entitlements.
And every year spent living in Illinois represents thousands of dollars taken in superfluous property taxes which steal at least double the national percentage of household income typically spent for p-tax.
Illinois households have to give up some form of expenditures in order to pay property taxes which households all over America are spared.
This means going without family pets, children's college savings accounts, and personal retirement savings for many Illinois homeowners (or renters, because property taxes are a factor in higher rents).
Alt-Illinois could free itself from the incestuous corruption that is the Illinois Political Industry , by using the same mechanisms used by self-dealing crony capitalists in government.
Alt-Illinois would incorporate areas outside current municipalities, and create Village-wide TIF coverage. Every property would, by charter, receive pro rata annual rebate of TIF taxes paid.
Over 23 years of inflation, the Illinois political industry would be deprived of its customary diet of disenfranchised taxpayers.
Newly created Alt-Illinois would be in a stronger position to demand rights to create new, fiscally responsible local school districts, fire&rescue districts, and local governments within its own borders.
Illinois property is selling at a deep discount, as is proper for a region captive to incestuously corrupt governance .
Alt-Illinois could create a firewall between that destructive governance and a region with a great deal of potential value.
