Use COVID-19 relief money to fund property tax loans for struggling Chicagoans, aldermen propose – Chicago Tribune/MSN

“We’re going to look at what tools we have available at the municipal level to be able to give some kind of relief if possible. But candidly, $10 million is not going to get the job done,” Mayor Lori Lightfoot said. “We’ve got to look at resources from the state and look at resources from the county as well and come up with a proposal that addresses the issue.” Commissioner Alma Anaya plans to introduce similar legislation at the county board.
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Tom Paine's Ghost
3 years ago

I’m certain that my elderly mother in Ohio will be happy to see her tax money being spent like this. A Red State wealth transfer and Blue State bailout is disgusting and criminal.

mqyl
3 years ago

I guess that’s the Chicago version of relief: take out a loan and put yourself further in debt.

Pat S.
3 years ago
Reply to  mqyl

Don’t worry, I’m sure there’s a program in the works that will forgive the loans.

mqyl
3 years ago

This is funny stuff. You now need a loan to pay your property taxes. That shows how ridiculously out of control property tax increases have been in recent years.

Old Joe
3 years ago

Hmm, I thought tax dollars were supposed to be spent on the specific item they were alloted to.

Pat S.
3 years ago

Drop the property tax levy – and benefit ALL Chicagoans.

Where's Mine ???
3 years ago

OMG, what a f-en cheep ass/ equity hustle/ keep-um down on the farm joke!!!! — A $10 mil give back out of $3.83 billion total

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Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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