“I think we all know that there is a racial piece to this, where we are often taxed higher in Black communities and marginalized communities than our counterparts,” said Shannon Bennett, executive director of the Kenwood-Oakland Community Organization. “The other thing that always jumps out is the overvaluation of our homes, which leads to the higher taxes on the South and West Sides.”
In a place where local government was fair and efficient, the remedy would be to increase the homeowner exemption. This would proportionally benefit low-income people more than the affluent. Unfortunately, as documented in Wirepoints and elsewhere, local government here is costly, wasteful, and inefficient, so that remedy is not available.
David F
4 months ago
Since the lawsuit they lost might be a good option to just walk away from your home and let them, now required, to pay you the equity.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
In a place where local government was fair and efficient, the remedy would be to increase the homeowner exemption. This would proportionally benefit low-income people more than the affluent. Unfortunately, as documented in Wirepoints and elsewhere, local government here is costly, wasteful, and inefficient, so that remedy is not available.
Since the lawsuit they lost might be a good option to just walk away from your home and let them, now required, to pay you the equity.