"I don't know about you, but I'm going dancing."
The death spiral continues.
One can looks on Google maps and find neighborhoods (parts of Pullman and Roseland come to mind) where empty lots multiply on formerly fully-occupied blocks, as the middle class leaves and what they’ve left starts to turn into Detroit.
Suck it, Liberals!
I laugh at the LIBs who unerringly support the LIB politicians/criminals who continue to ruin their lives. Bwahahahahahaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa.
I moved from one town before they hit us with a new proposed tax hike to pay for a new stadium complete with a $1M scoreboard with all the bells and whistles and lots of other unnecessary BS and new “justice center” when they had built one just 2 years before. Not my fault they didn’t make it big enough. Hell it’s not like they had that much crime in that area really.
Great opportunity for Texas and Florida governors to remind Chicago there is a better way.
Though property taxes in Florida can be high. At least there is no state income tax.
Flee Rahm. He hates prosperity, just like his old boss.
A muni-bond expert exposed Chicago's bond financing scheme as a house of cards. An examination of the city's bond documents uncovered taxpayers paying billions for greedy politicians shady financial legerdemain, including:
<><>(1) using long-term financing to cover day-to-day expenses,
<><>(2) using bond proceeds to pay pension obligations, and,
<><> (3) misappropriating returns from the interest rate swap portfolio (a sub rosa ATM for paying the citys day to day expenses).
The stench from Chicago's poplitical sleaze is permeating the putrid city hall air... starting w/ Obama's ex-COS Chi/Mayor Rahm Emanuel. ....and remember, these kingpins of Chicago criminal politics moved into DC with Chicago kingpin Barack Obama.
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ANALYSIS Bonding is eternal taxation----the insider deals bonding companies made w/ shady pols to get bonding business would tell a tale of greedy pols accumulating riches through massive govt corruption.If these bonding deals were effectuated by way of referendum at the ballot box----and misled investors into buying tax-fee muni bonds----the SEC would be interested.
EMAIL enforcement@sec.gov
Massive govt corruption might include forgery, falsification of official records, fraudulent state budget entries, tax evasion, illegal wire-transfers, misuse of public office.
Tax-exempt municipal bond investors (including public education bond investors)-- have legal grounds to sue if they were deceived about deceptive bond offerings. In many cases, bond issues are approved by voters---at the ballot box--so that voters may have also been misled WRT uses of fraudulent bond offerings.
Also culpable are:
<><> bonding companies underwriting possible fraudulent bond issues;
<><> banks holding possibly fraudulent bond proceeds;
<><> State/city's modus operandi in allocating tax-exempt bond proceeds,
<><> the sub rosa acceptance of bond proceeds.
<><> state/city vendors accepting possible fraudulent bond proceeds.
<><> publicly-funded state/city agencies advocating the uses of fraudulent bond proceeds.
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The SEC, FBI, banking overight agencies, and the IRS, would be interested in the activities of state/city entities WRT bonding.
EMAIL---FBI TIPS PAGE https://tips.fbi.gov
EMAIL--enforcement@SEC.gov
Contact the IRS Fraud Unit
EMAIL Banking oversight agencies
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Taxpayers should find out which banks are facilitating this.
<><> Which banks are designated the official repositories of municipal tax dollars.
<><> Which banks are dispensing the ill-gotten proceeds....and to whom.
The bankrupt areas will do property taxes because they think people are trapped there. But you can abandon the property once it becomes worthless, and many will walk away.
Anyone have the actual numbers on the rates? What’s the new bill on the average home?
"I don't know about you, but I'm going dancing."
I got my tax Cook County bill yesterday at my out of state address and it is DUE by August 1. It looks to be up about 16% Year-Over-Year. This bill is for 2015.
Only in Cook County can you get a tax bill for 2015 in the second half of 2016 that is due in 3 weeks! If it wasn’t for bad government, Chicago wouldn’t have any government at all.
“agreeing to raise property taxes by another $250 million for teachers pensions...”
There you go, in a nut shell the teachers unions are voting themselves the treasury.
When you become employed by government, you essentially are winning the million dollar lottery for life. And everyone else in non-government is stuck with the bill.
The really sad thing is, it is not enough! Give them a couple of years and they will be back looking for more money to cover pensions......
The DemocRat mayor and city counsel work with the DemocRat unions to give unionized DemocRat city workers lavish pensions paid for by the taxpayers, who aren’t represented at the bargaining table.
Eventually they will run out of other people’s money...
You are paying for the retirement for others in government.
You have to keep working to so they can retire in comfort.