Ted joined The Shaun Thompson Show to talk about the impossible burden of Illinois property taxes, why residents’ property values are so low, the billions in wasted money the federal government doled out during covid, why Chicago’s corporate elite are going along with the policies wreaking the city, and more.
Read more from Wirepoints:
- Chicago’s Southland residents are irate about their property tax hikes. Wait till they see how their money is being spent.
- The DNC is coming to Chicago, the nation’s homicide capital 13 years running – A Wirepoints survey of America’s 75 largest cities
- Chicago’s 2025 budget fiascos. First up, Chicago Public Schools.
- Kids Can’t Read
- Illinois drives out residents of every age and income group
Expect no retraction or apology. This what they do.
The state’s existing buyout program for its own pensions is the precedent for Chicago, which should be a warning: Look out for similar exaggerated claims and shoddy analysis.
Regressive implies that it only hurts those who are ‘poorer than average’.(often defined by politicians and bureacrats). This does nothing to address high property taxes for everyone else
Relatedly, any PT study aimed at identifying “reform” will likely focus on lowering PTs of low-income areas. I guess the rest of us don’t need PT reform, because our PTs are only 2-3 percent of our property values, aka a bargain in Illinois. The endless saga of taxpayer abuse in Illinois continues.
As a comparison Colorado PT is about 0.53% of value depending on area and AZ is approx 0.83% of value and home values went up substantially over the years while here in Rockford and Belvidere values went nowhere or down for decades (some say down 16% over 20 years) except for the last few years. I’m so far behind the eight ball in values compared to other states I don’t even see the pool table anymore.
Tennessee funds schools at the state level rather than the local level. This allows all districts an equal chance of attracting talent since it’s no longer rich districts versus poor districts.
It has its points but would the taxpayers be willing to fund the bottomless pit, dystopian, failing, activist CTU?
Illinois homeowners should be terrified that they will become the next Dolton/Supermayor- Tiffany Henyard-esque casualty.
Illinois statutes meant to protect property owners from malfeasance and misfeasance by taxing bodies are NOT policed, NOT enforced.
Dolton did not file statutory
required annual financial reports, and not one Illinois agency did anything about it.
Wherever in Illinois you might live, nobody is protecting you from corruption of those empowered by law (and THAT law IS enforced) to encumber your home ownership unless you pay their determination of your tax liability.
This problem could be solved by Illinois legislators.
Anybody care?
Standing ovation Susan
Since when did any Illinois democrat care about those that can least afford to pay? The supposition is that the democrats want to solve the problem. However, they see no problem. They take as much money from you as they want and then proceed to spend the rest of the year converting it to their own pockets. You dutifully pay and proceed to vote for more democrats. Who’s the stupid one? Your whole state is just one vast plantation in which you toil at your master’s pleasure and for his profit. And for your pain and misery, you say thank… Read more »
Home “ownership” is a myth when the state can take your home if property taxes are not paid.
Taxes are necessary to support local services; schools, libraries, police and fire. But when taxing bodies aren’t held to task, abuses abound.
A lot of greedy grifters out there who get a “taste” of the taxes we pay.