Posted on 07/28/2016 6:27:27 AM PDT by george76
The property tax bill on Jeff and Roberta Price's Lincoln Park home was about $400 in 1977, the first year they lived there. It's been going up ever since but rarely with the jolt of this year's 63 percent increase.
The increase, from $8,652 to $14,104, has the couple re-considering their plan to retire in the Kenmore Avenue home, where they raised their kids. They're looking at homes in Indiana "as a backup plan" for the time when Roberta retires in a few years, said Jeff, who is already retired.
"We have lived in our home for almost 39 years with the hope that we could remain here in our golden years," Jeff Price said. The increase in their tax bill amounts to about $454 a month, an amount that they can squeak out, he said, but he's aware that for homeowners who struggle financially, it won't be easy.
"I don't know how anyone can plan their life with these unconscionable increases," Price said.
(Excerpt) Read more at chicagobusiness.com ...
I live in Michigan, so to me it’s Prop A.
When I saw all of the new millages on my (absentee: I’m out of town for the election) ballot, I was fairly deeply annoyed. No one without property should be able to vote on these. They have no financial interest.
That was Ronald Reagan's argument when the pols talked about instituting withholding CA state tax - "Taxes should hurt." He was against it as Governor: "My feet are set in concrete."
A month later "The concrete is cracking."
Three years after implementation, my state income tax had doubled while my pay had gone up 10%.
No matter how conservative a politician claims to be, when it comes down to the State vs the Public, the State will win every time.
I’ve been saying for a number of years that I believe that as a concept, property taxes should be made illegal. The very fact that a ‘government’ can take away your property and sell it off if you don’t pay those taxes makes the very concept of ‘private property’ a joke, and a sick one at that.
Government’s of all sizes love property taxes though, Why? Why... because the ‘owners’ are easy to find and intimidate, that’s why.
I agree, they also bring with them their need for ‘Services’ especially the ‘free’ public ones.
They can squeak it out on a fixed income so long as it never goes up from there. Which it will. And the income will not.
Ahem, you don't want to move to Texas, either. It's too damn hot, and people are going crazy down here, carrying their guns with them wherever they go.
Ouchie Momma!! dang.. They need a good flush of their electoral system.. Venezuela , here we come.
What will next years tax increase be? !!
My vote is 15-20 years.
Also all political candidates be subject to same terms to run for office!
Something of interest:
I see that you’ve never been to Chicago, or Detroit, for that matter (recently).
Cali’s Prop 13 is good or bad?
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