Totaling the unsustainable tax increases and windfall revenue during Pritzker Administration – Wirepoints
May 26, 2026
10 Comments
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Chicago property taxpayers don’t know how good they have it. They pay below 2% property tax rate. Woodstock Il has ranged between 3% and 4.7% for over a decade. Most collar counties now range around 3% and busted out regions like Harvey are beyond salvation at 8%+. Naturally this crushes (non-TIF) property values. If Chicago gets to 4% property tax rates they may start voting/not voting differently on imprudent fiscal policy. A note on commercial residential property taxation: its assessment is based upon its income-producing value. There are rules of thumb for assessors about the percentage of gross revenues which… Read more »
Makes perfect sense! They take a beating courtesy of Lori so will raise your taxes 130%. I wonder when they’ll burn them down for insurance.