Lawmakers sweeten pot to keep Bears in Illinois, with stadium bill linked to statewide property tax relief – Chicago Sun-Times

“It may look like a rebate. It may look like a circuit breaker piece. It may look like money up front on property taxes,” state Rep. Kam Buckner said. “I’m literally working on the fine points of it as we speak, and trying to put together the best version of it.”
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Fed up neighbor
1 day ago

Funny, property tax breaks for Illinois taxpayers, bull crap

mqyl
10 hours ago

If it happens, it’ll be a paltry amount. Still, the Dem pols will advertise this as an example of their high priority of affordability for Illinois residential property owners.

Old Spartan
1 day ago

Any Chicago legislator would have to be out of his mind to support any package that encourages the Bears to leave Chicago. Soldier Field will become a white elephant. Hundreds if not thousands of jobs (even if some of them are parttime) will be lost. The damage to what’s left of the City’s reputation would be incalculable. And so the smokescreen is that homeowners are going to get a property tax break because the Bears are getting an economic development package– the disconnect is so obvious that it is not even worth analyzing. The Bears pay less in tax, and… Read more »

Tommy Paine
2 days ago

Buckner said. “I’m literally working on the fine points of it as we speak, and trying to put together the best version of it.”

LOL!!!!!!!!!!!!! Really?

This rockhead is going to craft a bill for this issue. Just because you played college football doesn’t make you the go to guy to write legislation on the complexities of real estate property taxes for a football stadium.

What’s next, he’s going to draft legislation on police arrest authority because he has not one but two DUI convictions?

Last edited 2 days ago by Tommy Paine
Fed Up Taxpayer
2 days ago

I think people will have less respect for the Bears if they stay in Illinois at this point. If they would build their stadium in Arlington, the Dems have them and they likely won’t live up to their word. Sign any agreement you want, but they will hose the Bears on taxes one way or another and make them take the state to court. They are better off in Indiana.

Sanity please
2 days ago

Stick your property tax relief were the sun don’t shine Buckner, what a BS way of trying to placate
the Chicago masses.
O what a good boy am I, loser.

David F
2 days ago

There can be no property tax relief without spending cuts.
Giving a discount to the Bears will only increase the costs to residential to make up the difference.
Please Bears, get the F out of Illinois, the state is dysfunctional and broke.

mqyl
2 days ago
Reply to  David F

Yeah, that doesn’t make sense to me, either. And you know how likely Illinois is to reduce bloat.

Wally
2 days ago

Whatever “the finer points” are, the fact is that the Bears want some pretty big tax breaks. For the Bears to get them, the resulting loss of income from those tax breaks has to come from somewhere. Lose income due to Bears breaks, yet still lower or not raise property taxes? Sounds like a shell game to me. Or will the money come from the state so as to protect Arlington Heights from higher property taxes? Bottom line, save money for the Bears, taxpayers somewhere have to make up the difference,

Irish Patriot
2 days ago
Reply to  Wally

“the fact is that the Bears want some pretty big tax breaks”

A real estate bill that NO other professional sports stadium in the country pays; and a tax rate that would make them the single largest tax payer in the entire county, likely the entire state.

Tom
2 days ago

Beats are gone !!! Hello Indiana .Pure business decision Indiana did in 3 months what Illinois has been trying to do for YEARS .

Riverbender
2 days ago

The miracles of Illinois continue on such as increasing spending in a way that will cut taxes <rolls eyes>

mqyl
2 days ago
Reply to  Riverbender

Don’t worry, that guy, undoubtedly one of the many financial experts in Illinois government, is “literally working on the fine points of it as we speak.” I’m literally losing my lunch.

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