The $500 Million Fight Over Who Pays Chicago’s Property Tax Bill – Wall Street Journal*

Vacant Coin Laundry building with a church and other buildings in the background in West Garfield Park, Chicago.Last year, the City Council of this perennially cash-strapped metropolis unanimously rejected a proposal by Mayor Brandon Johnson to raise the city portion of property taxes by $300 million. This year, homeowners face a $500 million property tax increase anyway, even though the city’s take remains essentially unchanged. New assessments have shifted the burden from downtown commercial properties to individual homeowners, and other taxing entities have asked for more money.

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Da Judge
5 months ago

Chicagoans, assume da position and pay your ransom to the CTU!!

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