Wirepoints’ Mark Glennon on AM560’s Morning Answer: Illinois Budget’s New Taxes Face Serious Constitutional Challenges
June 12, 2026
2 Comments
Audio and summary linked here.
-- Connecting the dots between our economy, government and business --
A mess of uncertainty and litigation is sure to follow.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
Leaving county taxpayers on the hook for millions. The taxpayers benefitted from this attempted theft and now the taxpayers will need to pay it back. Thou shalt not steal!
Won’t most of the investors ultimately develop the property in a manner that gives rise to future property taxes? Meanwhile, In a “fair” system, what would former owners do with their “equity” should they get it? Probably other creditors would “pounce” and use the vig for nefarious nabobbery.
The article specifically notes that all states have corrected this practice, except Illinois. There is no inherent right for the county or state to take in excess of what is owed and give it to another third party for free. They are entitled to the amount due and no more. Where are all the screams for equity by the Dems? It would cost nothing for legislators to correct this wrong going forward, yet they don’t. So what is the hold up? Who benefits when these homes are sold for pennies on the dollar? Maybe the same people that wont change… Read more »
Tax sales – a most disgusting and long-time Democrat practice of thievery that is illegal.
This practice was done in both red and blue states. It’s disgusting thievery by both parties.
I’ve lived in several red states -Never heard of the tax sale scheme till arriving in Democrat IL.