Your property taxes pay for government workers’ guaranteed salaries, benefits and pensions while you get no such guarantees – Wirepoints on with Jeff Daly of WZUS Decatur Radio
April 18, 2024
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Ted joined Jeff Daly to discuss why Illinois’ property taxes are such a national outlier, why Illinoisans are forced to pay the high, guaranteed salaries, benefits and pensions of the government class, why Illinoisans aren’t getting their money’s worth for what they pay, the teachers unions’ influence over elections, and more.
A set of state lawmakers want to extend CPS’ current school closing moratorium to February 1, 2027 – the same year CPS is set to transition to a fully-elected school board. That means schools like Manley High School, with capacity for more than 1,000 students but enrollment of just 78, can’t be closed for anther three years. The school spends $45,000 per student, but just 2.4% of students read at grade level.
Hopefully, all media will get the message, in Illinois, too.
Ted joined Tom Miller of WJPF to talk about Illinois’ highest-in-the-nation property taxes, why lawmakers don’t want to touch the tax’s cost drivers, just how much Illinoisans’ tax burden has grown over the decades, why Gov. Pritzker failed to meet his promise to reform property taxes, and more.
All the Greedy cops, teachers and firemen are taking their huge pension money and buying luxury homes in Florida. Only the mentally challenged are staying in Illinois and facing increasing taxes and decreasing quality of life (falling off a cliff).
By the way Illinois pensions (huge) do not pay any Illinois state income tax. Only an honest hard working taxpayer should pay taxes.
Check out a property on Hill Rd Winnetka . Purchased in 2009 for $6.2MM just sold April 2020 for $3.2MM . This does not include the hundreds of thousands of dollars put in for updating and property taxes at $62K a year plus closing costs . This is happening everywhere in IL from the wealthy on North Shore to downstate and everywhere in-between.
Before Covid hit there was well over 60K properties not paying property taxes…. just wait till Aug what that number will be….it will be jaw dropping the number of properties that said no thanks come get me
I wouldn’t be concerned about this at all if I had a billion dollars.
Is this a surprise?