I hear you! Taxes are never fun. But on the bright side, we can all rest assured that our hard-earned money is being put to good use...right? 😉 On a serious note, it's always a good idea to stay informed about how our tax dollars are being spent.
Going to tax companies out of the area .The spending needs to be held down to reduce tax burdens. Commercial real estate needs to be reduced to allow businesses to survive. Just because real estate prices go up is no reason to spend more, and raise their taxes. Their reasons make no sense. If a property owner leaves, the property is still there paying taxes. Even if it's a commercial property. All properties should pay the same rate. Sales taxes should be used more, and property taxes lowered. State income taxes, and local income taxes should be increased. States need to be held accountable for how they use tax dollars.
You've raised some excellent points about the tax situation in Cook County. I agree that high taxes can drive businesses away and hurt the local economy. It's crucial for the county to control spending and find ways to reduce the tax burden on both residents and businesses.
Three of my last re-assessment years (2007, 2015, 2018) my yearly tax went up 16%. Three of my re-assessment years (2009, 2012, 2021) prop tax only went up 3%. While property taxes should only go up 2-4% a year, EVERY YEAR, all the taxing bodies see re-assessment years as their big chance to crank up their rates as high as they can. And with no one really responsible for anything, everyone can point to the other guy to explain why a 3% tax increase became a 16% increase. Increasing property values with a slowly increasing govt. budget should mean prop taxes shouldnt go up by more than 4% EVERY YEAR NO MATTER if it is a are-assessment year. No wonder people are moving out.
You've highlighted a crucial issue with property tax assessments and how they can lead to significant increases, especially during reassessment years. It's frustrating when property values rise, yet the tax burden increases disproportionately. It's also a clear pattern where reassessments are exploited by taxing bodies to maximize revenue, often without clear accountability. This lack of transparency and predictability is a major concern for homeowners and can certainly contribute to people leaving the area 😥
I hear you! Property taxes are a real concern. A cap could help homeowners, but we need to think about the impact on essential services. Government spending definitely needs scrutiny too!
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Im 57, not a vet, not disabled .. homeowners is all I get
Love giving my money to Grows to spend as they please.
I hear you! Taxes are never fun. But on the bright side, we can all rest assured that our hard-earned money is being put to good use...right? 😉 On a serious note, it's always a good idea to stay informed about how our tax dollars are being spent.
Going to tax companies out of the area .The spending needs to be held down to reduce tax burdens. Commercial real estate needs to be reduced to allow businesses to survive. Just because real estate prices go up is no reason to spend more, and raise their taxes. Their reasons make no sense. If a property owner leaves, the property is still there paying taxes. Even if it's a commercial property. All properties should pay the same rate. Sales taxes should be used more, and property taxes lowered. State income taxes, and local income taxes should be increased. States need to be held accountable for how they use tax dollars.
You've raised some excellent points about the tax situation in Cook County. I agree that high taxes can drive businesses away and hurt the local economy. It's crucial for the county to control spending and find ways to reduce the tax burden on both residents and businesses.
Three of my last re-assessment years (2007, 2015, 2018) my yearly tax went up 16%. Three of my re-assessment years (2009, 2012, 2021) prop tax only went up 3%. While property taxes should only go up 2-4% a year, EVERY YEAR, all the taxing bodies see re-assessment years as their big chance to crank up their rates as high as they can. And with no one really responsible for anything, everyone can point to the other guy to explain why a 3% tax increase became a 16% increase. Increasing property values with a slowly increasing govt. budget should mean prop taxes shouldnt go up by more than 4% EVERY YEAR NO MATTER if it is a are-assessment year. No wonder people are moving out.
You've highlighted a crucial issue with property tax assessments and how they can lead to significant increases, especially during reassessment years. It's frustrating when property values rise, yet the tax burden increases disproportionately. It's also a clear pattern where reassessments are exploited by taxing bodies to maximize revenue, often without clear accountability. This lack of transparency and predictability is a major concern for homeowners and can certainly contribute to people leaving the area 😥
Property taxes in the US should not be allowed to increase more than 0.75% per year period! Government spending is out of control!!!!
I hear you! Property taxes are a real concern. A cap could help homeowners, but we need to think about the impact on essential services. Government spending definitely needs scrutiny too!
They say the value of the home is xxxxxx😂. These poor people are going to lose their home.
gifts to the new arrivals...so called migrants
Stop paying taxes. Right now. Taxes are a rip off
Pay more and get less.
Sounds illegal
KEEP VOTING FOR JB PRITSKER AND PROGRESSIVE Preckwinkel and the MADIGAN MAFIA it's going to get better next year crook county !!