Rockford ranked first because its mix of tool-and-die shops, logistics firms and health care providers makes it a bellwether for working-class Illinois, said MarketBeat. “When job postings dry up or foot traffic in service businesses slows, Rockford usually reflects growing economic caution,” MarketBeat said in a news release.
There is a reason for the devastation of these once thriving cities: highest in nation property tax rates. P-tax rates are capitalized in property values (high rates=low property values). High tax rates are not the only economic investment killer: attached hidden debt lien on all Illinois property due to unfunded public pensions and the chilling effect of political crony capitalism (no honest competitive bidding allowed). Illinois has many similarities to Gaza. A terrorist government (which decides whom to attack based upon religion and political affiliation, and refusal to bend the knee) was duly elected and remains in power. Region is… Read more »
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.
Governor WIDE-LOAD is sure to brag about that
There is a reason for the devastation of these once thriving cities: highest in nation property tax rates. P-tax rates are capitalized in property values (high rates=low property values). High tax rates are not the only economic investment killer: attached hidden debt lien on all Illinois property due to unfunded public pensions and the chilling effect of political crony capitalism (no honest competitive bidding allowed). Illinois has many similarities to Gaza. A terrorist government (which decides whom to attack based upon religion and political affiliation, and refusal to bend the knee) was duly elected and remains in power. Region is… Read more »