Idiot headline writer! A 50% increase does not double the tax. He must have graduated from a public school.
>> for potential doubling of property taxes
>> they will face hikes of up to 50 percent.
Is that like common-core thinking where effective potential is halfway between half and full potential?
“(In Oct. 1 story, corrects paragraph 5 to show that some homeowners will see a $195 increase, not $195 reduction, in property tax, and also that this would represent a 22 percent increase, not a 24 percent reduction”
A correction by the newspaper.
50%!!!!! RUN FOR THE HILLS!
Chicago’s police and fire pension funds had a deficit of $12.1 billion as of December, city records show. The fire pension system is only 23 percent funded, while police pensions is 26 percent funded.
outstanding!
I own rental property. The county gave a cut to homeowners by raising the commercial taxes. Their tax increases are a significant driver of rent prices. None of my renters vote.
This is the terminal cancer that has infected America
Mayor Emanuel believes that the necessary property tax increase for our police and fire pension funds should be borne by those who can best afford it...
Um ah...
Eat your peas