Craig Wilcox laments nothing has changed in the year since lawmakers in Springfield joined forces to override a veto by Gov. Bruce Rauner in order to enact a 32 percent state income tax hike,
A 401(k)-style pension system for newly hired teachers is the remedy Col. Craig Wilcox, a Republican candidate for Illinois state Senate, recommends to combat the practice of pension spiking.
“How do we tell [future employees] that we expect them to enter into a pension system that has every likelihood of being insolvent by the time they choose to enter into retirement?"
Craig Wilcox fears the worse may be yet to come in regard to Illinois’ shrinking population. “The property taxes that Lake and McHenry County residents have to pay are outrageous."