“They are calling it the mansion tax, but it effectively brings down the values of every single property in the city, especially mid-sized to large commercial properties, at a time when interest rates and real estate taxes have skyrocketed,” SVN Chicago’s Wayne Caplan said on social media.
City Inspector General Deborah Witzburg Is A Useless Political Hack Fraud — Giving Johnson A Pass For His Gigantic Home Tax – Chicago Tonight
Old Joe
2 years ago
In Illinois you really don’t own you home. You rent it from the government.
Poor Taxpayer
2 years ago
Taxing away the equity in your home. They have been doing this for years.
If you inflation adjust the sales price you are actually behind money. The only winner is the taxman.
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.
City Inspector General Deborah Witzburg Is A Useless Political Hack Fraud — Giving Johnson A Pass For His Gigantic Home Tax – Chicago Tonight
In Illinois you really don’t own you home. You rent it from the government.
Taxing away the equity in your home. They have been doing this for years.
If you inflation adjust the sales price you are actually behind money. The only winner is the taxman.
Properties are only ATM machines for all the taxing bodies. One’s ability to pay the taxes imposed are never factored in.