Your property taxes pay for government workers’ guaranteed salaries, benefits and pensions while you get no such guarantees – Wirepoints on with Jeff Daly of WZUS Decatur Radio
April 18, 2024
1 Comment
Ted joined Jeff Daly to discuss why Illinois’ property taxes are such a national outlier, why Illinoisans are forced to pay the high, guaranteed salaries, benefits and pensions of the government class, why Illinoisans aren’t getting their money’s worth for what they pay, the teachers unions’ influence over elections, and more.
A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.
Hopefully, all media will get the message, in Illinois, too.
Ted joined Tom Miller of WJPF to talk about Illinois’ highest-in-the-nation property taxes, why lawmakers don’t want to touch the tax’s cost drivers, just how much Illinoisans’ tax burden has grown over the decades, why Gov. Pritzker failed to meet his promise to reform property taxes, and more.
Hmmm…
Wasn’t it subprime lending to people that could not afford to pay the mortgages back that resulted in the real estate collapse in the mid 2000’s?
You misunderstand. They don’t care if money is repaid. Just that it gets doled out. When it doesn’t get repaid, it will be racist to have any consequences attached to it.
You gotta think like a race-baiting parasite.
It was subprime lending that consisted mainly of fraud, straight up fraud. I was involved in a lot of the aftermath of the financial collapse in Chicago and there was so much fraud. Many people in the community stole homes through fraudulent quitclaim deeds which they used to cash out refinance homes at inflated values. The people in the neighborhood literally stole anything of value that wasn’t bolted down, including home equity, from poor folks in the community. I also know of *multiple* people who earned $40,000 a year but owned 5-7 properties in the community, as they tried to… Read more »
“Injustice is not just coming from police brutality, criminal justice system, but it’s also embedded in the banking system,” said Conyears-Ervin (WITHOUT EVIDENCE).
Where’s Seaway Bank?