No, Rush Limbaugh, that 1% statewide property tax in Illinois hasn’t happened – Quicktake

Rush Limbaugh has an article posted today saying the Federal Reserve in Chicago is instituting that new statewide property tax. Uh-uh.
9 Comments
Newest
Oldest Most Voted
Inline Feedbacks
View all comments
nixit
5 years ago

Got a sneaking feeling this state property tax will be presented as an either/or option for a progressive income tax. The more publicity this tax gets, the more it feels like a bait and switch.

Mark
5 years ago

Mark Glennon is wrong! Just ask Chicago homeowners who have just received their recent tax bills. Rush is right, as he usually is. Chicago is just like many other cities lead by liberals for decades. They spend more than they have, make promises of lucrative pensions, which can never be met, and think the only solution is to raise taxes. Where do the folks who own property in these towns get this money? It doesn’t grow on trees, as they seem to think. I would bet that had this measure been put up for a referendum it would have failed.… Read more »

Bob
5 years ago
Reply to  Mark

How bout the “fraud tax”? A term I coined. That is the billions lost each year to cheating – Link Cards (sold 50 cents on the dollar, PIN included), Comp, Unemployment —. One Chicago fellow convicted for stealing 100 million. 26 million to dead people. Funny how you, in fact nobody wants to talk about it.1,000 pension studies and not one COMPREHENSIVE study on the cheating. Why is that? Simple ,Much easier (and less dangerous) to go after the elderly retired than the grifters. How brave you all are! Remember “contractual” was approved by he voters. Cheating is NOT a… Read more »

danni smith
5 years ago

these idjets have said, 1. We want property values to decline 2. People will still come to Illinois because property purchase are so low they won’t mind paying the Real Estate taxes. 3. We need the money to pay the gub pensions (and that includes the idjet gubs) The idjets didn’t mention which poll yielded the results from number 2 statement. I followed the bouncing ball. Property values decline; banks raise rates to cover the risk of rapidly declining property values; people cannot get mortgages causing further property value declines; more people underwater and either walk or are foreclosed; a… Read more »

Raines
5 years ago

If you don’t think the ruling majority Democrats(also if Pritzker is elected) won’t take this suggestion and pass this 1% increase in prop tax and say it was the suggestion of the Chi Fed, you are sorely mistaken.
If Pritker is elected, this WILL happen. And we won’t be able to sell our homes and GTFO of this Illinois cesspool

Bob
5 years ago
Reply to  Raines

Progressive income tax – better watch for that one. 1% surcharge, no way. You can take that to the bank, just not the Federal District (note the FEDERAL part – they need to work on the MANY federal problems).

Rush get the story mixed up? Surely not ———–

Jake
5 years ago

I heard this on Rush’s radio show prior to his article, and I don’t know if he was suffering from a brain freeze or what, in thinking the Fed can levy taxes, but I believe that any publicity about higher taxes in Illinois is good publicity. Now it may never happen, as it has become a toxic subject for lawmakers (maybe). Maybe some folks will get woke about it. On the other hand, the Fed in general, levies taxes on the population by it’s control over short-term interest rates and its effect on the cost of money. But about that… Read more »

Raines
5 years ago
Reply to  Jake

Another broadcast has Limbaugh saying it was a proposal. He does tend to get ahead of himself.
But if you think the majority Democrats aren’t going to try to push this through, you are fooling yourself.

SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER

Home Page Signup
First
Last
Check all you would like to receive:

FOLLOW US

 

WIREPOINTS ORIGINAL STORIES

A statewide concern: Illinois’ population decline outpaces neighboring states – Wirepoints on ABC20 Champaign

“We are not in good shape” Wirepoints’ Ted Dabrowski told ABC 20 Champaign during a segment on Illinois’ latest population losses. Illinois was one of just three states to shrink in the 2010-2020 period and has lost another 300,000 people since then. Ted says things need to change. “It’s too expensive to live here, there aren’t enough good jobs and nobody trusts the government anymore. There’s just other places to go where you can be more satisfied.”

Read More »

WE’RE A NONPROFIT AND YOUR CONTRIBUTIONS ARE DEDUCTIBLE.

SEARCH ALL HISTORY

CONTACT / TERMS OF USE