It’s not wealthy residents losing their homes. Governments are taking the homes of lower income people in South Cook County and other places. – Wirepoints on AM 560 Chicago’s Morning Answer

Ted was on Chicago’s Morning Answer with Dan and Amy to talk about the absurdity of Mayor Lightfoot selling city “social bonds” to Chicagoans, why its akin to the city selling its own body parts off piece by piece, the injustice of governments taking and selling people’s homes to recoup unpaid property taxes, why poor residents in South Cook are suffering the most from Illinois’ property tax regime, and more.

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The Paraclete
3 years ago

Hmmm…. That’s what the government does; they take. If you resist they frame you and throw you in jail.

Lg
3 years ago

All you who voted for The Communist Democrats enjoy your tax increases, crimes, inflation, and the mess we are in this state and the country.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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