Fight over real estate transfer tax could zap some city neighborhoods – Crain’s

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
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debtsor
4 years ago

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.

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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.”

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