A statewide concern: Illinois’ population decline outpaces neighboring states – Wirepoints on ABC20 Champaign
“We are not in good shape” Wirepoints’ Ted Dabrowski told ABC 20 Champaign during a segment on Illinois’ latest population losses. Illinois was one of just three states to shrink in the 2010-2020 period and has lost another 300,000 people since then. Ted says things need to change. “It’s too expensive to live here, there aren’t enough good jobs and nobody trusts the government anymore. There’s just other places to go where you can be more satisfied.”
500k is a rich person’s house? lol
It sure is compared to the average guy in Elkhart, Indiana. I live in a two professional household and our house is only $350,000, but granted, there are quite a few $500k+ houses on my block.
Few people are aware that commercial property is already taxed on an annual basis at 2.5 times residential. They pile on to this, because there are far fewer commercial property owners than residents.
Ultimately they always choose the path of least resistance.
Soon the definition of high end homes will include out houses / port-o-potty’s or even cardboard boxes in an alley. Safe holiday everyone!!
If the city has a nearly billion dollar deficit, how could they possibly earmark any of this revenue to help the homeless?
The homeless are the most important tax payers in the City. Who are we but for how we treat our most vulnerable? I’d rather see the City pay for a homeless guy to have free housing than to pay any of the city’s other bills. The homeless guy pays taxes too you know.
Wow. The City attempts to tax the rich and they are already running out of rich people? Why stop at $500,000 homes since that wont cover the massive budget gap? Why not tax houses $50K and over? But even that won’t cover the massive budget gap so why not declare bankruptcy now?