They always say that it’s for the police and fire departments, so as to MAKE SURE the property owners don’t get TOO pissed off.
And because of that they are moving over here to Grand Rapids in W. Michigan, and then they proceed to vote for every tax hike by our city government.
Thanks.
But they get to enjoy those balmy winters.
The biggest chunk — $318 million — will go to the pension funds for police officers and firefighters.
...
IOW, the taxpayers won’t see a damn thing for the extra tax.
“The owner of a single-family home with the current average sale price of about $225,000 can expect to see a property tax bill of $3,633, an increase of about $413.”
Well here in California, the state all of you love to hate, I live in a home that is valued at 10x the example and our annual property taxes are about $7,000. thanks to Proposition 13. As far as Illinois is concerned, I hope that the whole state goes bust (just like I hope it does here) because the rebuilding won’t begin until the entire state financial system crashes. BTW, Cops and FFs are simply two brands of union thugs.
They think they can raise property taxes as much as they want because people can’t move the real estate to another jurisdiction. But people can abandon their property when the value goes to zero. Chicago will become like Detroit, a city of ruins were people have just walked away.
Property values will be hit accordingly.
That’s half of what I pay in TX on a dump.
By the time they get done raising all the taxes the only ones left in the city that will be able to afford the taxes will be the city, local and state employees .... and at some point all their wages will go to pay for their wages and pensions .....
Anyone stil living there, after all this time, wants to live there. They really donot mnd that much living under these conditions the liberal democrats have them living under.
Plenty of people have left because of it. Those that stay,they gotta not mind it very much.
I grew up in Chicago and lived in the area for 50+ years. 35 years ago, it was considered a city that “worked” with reasonable prices and taxes, and good jobs (if you knew the right people).
As the Democrats continued their agenda, things slowly worsened, like a frog in a slowly heating pot. Things will continue to worsen until the exodus becomes too great. They are hoping that Clinton wins and the Dems take the Senate. Then, it’s bailout time.
I am happy in Iowa now, but planning on retiring to Arizona in the next few years. I will only return to the Chicago area to visit relatives.
Serves Chicagoans right. They keep voting for these Democrats. Reap what you sow Chicago.
My aunt & uncle in Parsippany, NJ (by New York city) have a single story rambler with 3 bedrooms and a basement that opens to the backyard.
In 2003 they told me their property tax was $9,000 !!