Comment: With the higher transfer taxes not even approved yet, progressives are already proposing expanding the scope of the tax increase to homes valued at just $500k. "The plan from Rep. Will Guzzardi, D-Chicago, could spark a bit of a homeowners' revolt on much of the North Side and other sections of the city where property values are relatively high. They could end up paying hundreds of dollars more in taxes on the sales of even rather ordinary houses and condominiums," says Crain's
I just love the virtue signaling of who can propose a higher tax than the other. Soon enough these progressives will have no one left to tax, and in a matter of time, all the high rise buildings downtown will all be low income.
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.
I just love the virtue signaling of who can propose a higher tax than the other. Soon enough these progressives will have no one left to tax, and in a matter of time, all the high rise buildings downtown will all be low income.