Ted joined Tom Miller of WJPF to talk about Illinois’ highest-in-the-nation property taxes, why lawmakers don’t want to touch the tax’s cost drivers, just how much Illinoisans’ tax burden has grown over the decades, why Gov. Pritzker failed to meet his promise to reform property taxes, and more.
Read more from Wirepoints:
- $30 million over four years: How teachers unions influence Illinois politicians
- One tricky way Illinois politicians are hiking your taxes
- We must focus on cutting the cost drivers of Illinois property taxes if we’re ever going to deliver relief to taxpayers
- Chicago’s crime numbers must have DNC organizers sweating
These taxes make no sense ……just like the same lying people still in office saying they want to reform them!!
Pay or move is the only choice. Taxes still going higher, the state is dead broke. Pension liability is over $200 Billion and growing like a cancer. Some of the highest taxes in the nation and nothing to show for it.
Shut up and pay your taxes is an old true saying. Wire Points keeps saying they are trying to make things better, and the result is like peeing in the wind.
If you think Illinois is dead broke now, wait until the last of the Covid bucks run out this year. Some public entities are still using hundreds of millions to stay afloat this year, hoping that Diaper Joe and the Dems can get a clean sweep and start printing trillions again.
When discussing pension debt, people should also include the debt of providing lavish health care benefits to State of IL retirees. That combined debt is closer to $300B; however, I recall a Stanford think tank study saying some years ago the debt was much higher.
It’s officially recorded at about $25 billion now, though I do not trust the accounting change they made that shrank the number radically:https://wirepoints.org/changed-assumptions-knock-25-1-billion-off-illinois-unfunded-healthcare-liability-wirepoints/
$1716 per year for my house valued at 267,000 here in Tennessee.
Yep. A friend of mine lives in Fairfield Glade near Crossville. $1,350 annually. Illinois $10,000. Obviously Illinois is out of control.
I forgot to mention, the property values in their area have gone through the roof. The value of his home went from, $350K when he purchased it 5 or 6 years ago to $680K now. Our house in Illinois has only gone up 23% in 20 years.
That doesn’t sound right. Tennessee has low real estate taxes, but the taxes on a 680K home should be much higher than $1,350.
Wonder if that’s outside city limits. I looked and it’s a retirement community. I’m sure taxes will go up some on next bill due to Bidenflation.
My old crib just outside of Detroit is only $2100 per year!
That’s in line with my Tennesse property tax. Also, Tennessee home values look to be rising again after a year of rest caused by the spike in mortgage rates. Life is good in the Volunteer state but not so much in the Land of Lincoln. I just wish Nashville had the 1st pick in the NFL draft. Oh well, can’t have everything.