-- Connecting the dots between our economy, government and business --
In a perfect touch of further irony, the lawmaker, a Chicago Democrat, said “That’s what happens to my constituents. They get s— on all time.” (Yes, he really said that.)
A Chicago teacher: “Now my eyes are open, and I can see just how far CTU has strayed from the mission I thought I was funding: supporting teachers.”
“Reparations could take many forms, but the most straightforward would be cash from the government.”
May sound familiar.
In the State of Illinois, non-home rule units of government located in counties subject to the Property Tax Extension Limitation Law (PTELL) are limited in the size of their annual property tax extension to 5% or the increase in the Consumer Price Index (CPI), whichever is less. However, the limitation is subject to some exceptions and can be increased by referendum. The Forest Preserve District of Cook County is reportedly considering asking taxpayers for a larger levy to pay for pensions and a large backlog of land restoration and maintenance needs.
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