“This bill still allows those local governments to raise their property taxes as if the Bears were paying property taxes on the full $5 billion of their project,” Americans for Prosperity Illinois State Director Brian Coston said. “If they can’t pay property taxes, then maybe they should stay at Soldier Field where they don’t have to pay property taxes."
The McCaskey family’s basis in that team is about zero. Fair market value now is probably in the $4.5 billion range. NO family members have any accomplishments to speak of other than being heirs. Has any one ever heard of any family member doing anything for the community re education? Homelessness? Crime prevention? College donations? Hospital wings? Anything at all? Nope. What taxpayer would want his funds to support this team? What legislator in his or her right mind would vote to give property tax breaks to these privileged billionaires?
Spot on Sparty. The annual Silverdome subsidy was a political football in Lansing that didn’t go away until the Lions moved into a new stadium in Detroit.
I would say the Ford family is more generous than the McCaskeys though.
They’re a bit sharper too. The best thing about old man Bill Ford owning the Lions for decades is he didn’t run the Ford Motor Company and drive it into a ditch.
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.
The McCaskey family’s basis in that team is about zero. Fair market value now is probably in the $4.5 billion range. NO family members have any accomplishments to speak of other than being heirs. Has any one ever heard of any family member doing anything for the community re education? Homelessness? Crime prevention? College donations? Hospital wings? Anything at all? Nope. What taxpayer would want his funds to support this team? What legislator in his or her right mind would vote to give property tax breaks to these privileged billionaires?
Spot on Sparty. The annual Silverdome subsidy was a political football in Lansing that didn’t go away until the Lions moved into a new stadium in Detroit.
I would say the Ford family is more generous than the McCaskeys though.
They’re a bit sharper too. The best thing about old man Bill Ford owning the Lions for decades is he didn’t run the Ford Motor Company and drive it into a ditch.