Illinois property tax hikes influenced by government debt on your property | ABC7 Chicago

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  • Опубликовано: 5 дек 2024

Комментарии • 150

  • @bransonheinz2213
    @bransonheinz2213 3 года назад +63

    Here is what I think needs to be realized: Illinois isnt California. You can raise taxes and costs on everything in California and people will still want to be there because of the weather, the natural landscape, and the cultural appeal of the state. Chicago is an amazing city, but its an ice box much of the year, its surrounded by flat farm land, and has a poor reputation among large numbers of people. So while California can get away with these antics, Illinois cannot.

    • @MrJames1471
      @MrJames1471 3 года назад +15

      And Illinois has much more corruption and debt than California. Illinois is the only state to have a BBB- credit rating.

    • @frankd.506
      @frankd.506 3 года назад +2

      California's economy is moving better than any other states economy and they have a substantial surplus, I believe they are now the sixth largest economy in the world ,they are also strong progressives ,it's not a coincidence.

    • @MrJames1471
      @MrJames1471 3 года назад +5

      @@frankd.506 It’s very much a coincidence. If progressives wish to own California, they’ll also have to own:
      1. One of the highest tax burdens in the nation.
      2. One of the highest amount of homeless per capita in the nation.
      3. Being the state within the highest percentage of people in poverty (according to the Supplemental Poverty Measure).
      4. State with the most mass shootings.
      The list goes on....

    • @MrJames1471
      @MrJames1471 3 года назад +5

      @@frankd.506 The primary reason that California has a surplus, is because the rich had a good year in the stock market. If that didn’t happen, there’s a fair chance they’d be in the red (where they’ve been years prior to the pandemic).If they don’t spend this money wisely (and there’s a high chance they’ll do that), the surplus will evaporate in no time at all.
      Also, I believe California (on its own) would be the fifth largest economy (as opposed to the sixth).

    • @frankd.506
      @frankd.506 3 года назад +2

      @@MrJames1471 The top 5 poverty states by percentage are all red states, let's remember California is very large so of course as a whole they're going to make some of the bad lists ,like most blue states they also pay more into the fed to compensate for the red states who typically take in more than they give, Their homelessness is greatly amplified by right wing news as though it doesn't exist in other states and California also has the most wealth as well so California will be just fine actually getting something for their tax dollars.

  • @thequickbrownfox7289
    @thequickbrownfox7289 3 года назад +27

    Willing to bet the property taxes will continue to increase and so will the debt. Government leaders have no desire to resolve this.

  • @waleyefish9026
    @waleyefish9026 3 года назад +43

    You can't pack fast enough... Get OUT of Illinois.

    • @hoosierdaddy8002
      @hoosierdaddy8002 3 года назад +2

      Just don`t come here. We know you will vote for the same kind of idiots.

    • @frankd.506
      @frankd.506 3 года назад +2

      @@hoosierdaddy8002 Mike Pence enough said

    • @Ephesia612
      @Ephesia612 3 года назад

      And go where exactly? Votes dont count, crooks are everywhere and if you try to escape the things there by going somewhere else you'll be dealing different troubles like flooding, fires, tornadoes and hurricanes. There is no solution to an enclosed system filled with corruption designed to keep everyone not in those in powers circle. Time people wake up and understand that when the vilest of men are exalted evil walks on every side. The corrupt are just finally running out of things to destroy.

    • @boogitybear2283
      @boogitybear2283 3 года назад +2

      @@Ephesia612 If you vote Democrat, move to a Democrat state. Plain and simple.

    • @Ephesia612
      @Ephesia612 3 года назад

      @@boogitybear2283 yes you are very simple.

  • @TenFalconsMusic
    @TenFalconsMusic 3 года назад +21

    People are fleeing Illinois due to taxation without representation. Sound familiar?

  • @paulwicklund5044
    @paulwicklund5044 3 года назад +21

    I moved to Wisconsin 2 years ago and I'm saving 50% . Gas is 65¢ cheaper, no city stickers. License plate is 50% less. Wisconsin is also 98% fully funded on their government pensions.

    • @joeshmoe7450
      @joeshmoe7450 2 года назад +1

      Smart move, anyone still in Illinois is asking for it, left there 20yrs ago and haven't looked back.👍

  • @karmaandkerosene_music
    @karmaandkerosene_music 5 месяцев назад +1

    Property tax should be illegal because it means you NEVER own your own home. The state does.
    ALL PEOPLE should be paying for these services in the form of a sales tax or as part of income taxes - not just home owners.

  • @johnkay6197
    @johnkay6197 3 года назад +12

    2200 government entities? There's your problem

  • @AlternateKek
    @AlternateKek 3 года назад +8

    Taking more of our money?! Can we send the entire state gov to prison? Taxes are THEFT

  • @jamespollock2500
    @jamespollock2500 3 года назад +6

    Come up to Zion IL we are just a couple of miles north of Chicago. We are paying more in taxes on a $150,0000 property than Highland parks million dollar homes.

  • @darkpaw1522
    @darkpaw1522 3 года назад +6

    Leave Illinois, it is the next Detroit.

  • @jilpok1074
    @jilpok1074 Год назад +2

    This lady has some nerve wearing thousands of dollars of clothes while asking common people for tens of thousands of dollars to pad her pensions.

  • @jasonpatrickries
    @jasonpatrickries 3 года назад +12

    You're still a renter even after you've paid off your mortgage.

    • @Navy35
      @Navy35 Год назад

      Yeah but for a fraction of the price.

    • @jasonpatrickries
      @jasonpatrickries Год назад +2

      @@Navy35 a fraction?? My mortgage is $800/month and my property taxes are over $500/month.

    • @RJEngle1
      @RJEngle1 Год назад

      Ha! All you people in Cook county are suckers! My property tax is less than $900 a year. My house isn't huge but it has 2 bdrms. The yard is huge though. We aren't sitting on top of each other as I've seen some of the house in Chicago crammed up against each other. Best of all, very little crime in my neighborhood.

    • @1winstard
      @1winstard Год назад +1

      Agreed

    • @ps2aux
      @ps2aux Год назад

      5/8 is still a fraction. Admittedly not one as low as anybody would hope for, but still one nonetheless.
      While it is cheaper, it’s nothing short of scandalous.

  • @luray12002
    @luray12002 2 года назад +4

    How monies are used by cook county is a concern. 8.11 Billion dollar budget and we are paying for greenbelt project people to get their black belts. They can take out student loans like the rest of us. Road work is not getting done. Cook county spent 8 million for an animal shelter in Evanston but but we have roads like pulaski from 159th in Markham/midlothian to 127th street Alsip/Robbins that are virtually not drivable. Cook county litterally budgeted and hired personnel to help them budget which is an oxymoron. The cost of additional personnel is ridiculous upwards 80 to 179k a year plus pensions and benefits. Pulaski has been in disrepair since 2018 and in 2020 cook county allotted 2.4 million to study the issues. I read the new cook county budget, all 2000 pages and Pulaski Crawford does not appear on the budget. There are several references to proprietary spending which I would like to see line by line disclosure on. I would watch that story.

  • @paulpeterson4216
    @paulpeterson4216 3 года назад +7

    This is a joke. Property Taxes are NOT the only source of income for any of these taxing bodies, so saying all of the "debt," which is grossly and misleadingly inflated in this calculation, should be assigned to individual homes is ridiculous. The non-partisan group that guy belongs to is a Koch-Funded Libertarian front group that is intent on ending government services and privatizing everything. If they get their way, you'll have to pay a toll to pull out of your driveway, because you'll be on a privately owned street.

  • @VinnieAtlanta
    @VinnieAtlanta 2 года назад +7

    There is a saying "If you think things are expensive now, just wait until things are free". Chicago residences are finding that out now. Somebody got to pay for all the "Free services and stuffs"

  • @sandybeach3576
    @sandybeach3576 3 года назад +8

    License to steal.

    • @michaelmurphy6869
      @michaelmurphy6869 Год назад

      More like legalized extortion. If you cant pay, instead of breaking your legs they take your property and have men with badges and guns to enforce it.

  • @astarhealing5603
    @astarhealing5603 3 года назад +3

    McLean county system and procedural deceit o assessments too

  • @taelee1113
    @taelee1113 3 года назад +10

    Land owners should be only one voting since they are paying everything.

  • @Theinsomniac826
    @Theinsomniac826 3 года назад +11

    Wyoming here I come

    • @Navy35
      @Navy35 Год назад

      Please don’t Chicago it up

  • @marcellino1956
    @marcellino1956 3 года назад +4

    Fire all those politicians

  • @hcwcars1
    @hcwcars1 3 года назад +4

    Get out NOW. Run and don't look back

  • @hermanrogers1325
    @hermanrogers1325 Год назад +1

    Leaving the state is the only thing that can be done

  • @anthonyroberts2678
    @anthonyroberts2678 3 года назад +3

    Using taxes to service debt. Alex Jones was right!

  • @jimmyjames3220
    @jimmyjames3220 3 года назад +7

    Thanks ABC for posting this story!

  • @nuancedliars112
    @nuancedliars112 3 года назад +4

    Indiana next month. House just sold ;) $$$$$$

  • @marksasoldier
    @marksasoldier 3 года назад +6

    Illinois municipal bonds and loans are rated as junk. Meaning there is no way out of the hole. Not having a budget for a decade let the democrats put a lot of money directly into their own pockets. The unfunded pensions are guaranteed by the state constitution, or in other words enforced by law even if a makes a city or county borrow more than it can ever repay. The extraordinary rise in property tax, wage tax has ensured flight of the non-ingrained wealthy. An utter lack of investment in infrastructure, unfair tax schedules for those who actually employ others, coupled with politicians lying about the problem=flight of anyone not invested in a state pension.

  • @faustozaat
    @faustozaat 3 года назад +4

    It is a SHAME!!!!

  • @rockychristakes951
    @rockychristakes951 Год назад +2

    Keep voting democrat thousands of public sector union members are relying on you

  • @kylebrynelsen9123
    @kylebrynelsen9123 3 месяца назад

    And we just got done passing the biggest budget in the states history. Literally cannot get out of their own way. Moved out 2 years ago and it was the best decision ive ever made.

  • @josephruss3040
    @josephruss3040 3 года назад +3

    Bankruptcy is needed

    • @jamespollock2500
      @jamespollock2500 3 года назад +2

      Bankruptcy will let officials off the hook TO BE fiscally responsible. They think give out more money will allow them to get more votes. It seems to be working for officials not the taxpayers.

  • @DavidPerez-oj2dv
    @DavidPerez-oj2dv Год назад +1

    MOVE TO BELIZE SELL TAXES ARE LOW AMERICANS COME AND THEY NEVER LEAVE

  • @hermanrogers1325
    @hermanrogers1325 Год назад +1

    I am happy that the state I live in there is no property taxes when you reach full retirement age and 100% disabled veterans as long as you live in your house

  • @pauljackson9716
    @pauljackson9716 Год назад +1

    Typical, after elections, here is information you may want to consider when voting on local officials and Amendment 1. It is only going to get worse as tax base shrinks.

  • @javierr5481
    @javierr5481 3 года назад +2

    Thank Michael Madigan for letting the downtown multi-million dollar tax get off free footing the bill to us.

  • @mw4507
    @mw4507 Год назад +1

    time to move.

  • @redluck01
    @redluck01 Год назад +1

    Democrats. Tax and spend.

  • @cashrules520
    @cashrules520 3 года назад +2

    They going to gentrified these neighborhoods w/ condos, townhomes, high rise buildings, and more

    • @Navy35
      @Navy35 Год назад

      Then they will get more of a tax base.

  • @billj.4347
    @billj.4347 2 года назад +3

    THIS BROUGHT TO US BY A GOVERNOR WHO HAD HIS OWN TOILETS REMOVED SO HIS HOME COULD BE DEEMED UNINHABITABLE TO REDUCE HIS PROPERTY TAX ON HIS CHICAGO GOLD COAST MANSION. HIS PERSONAL NET WORTH? 3.5 BILLION DOLLARS.

    • @RJEngle1
      @RJEngle1 Год назад

      That a slimey politician for you. They truly are parasites!!

  • @joeshmoe7450
    @joeshmoe7450 2 года назад +1

    Well, you knew this was coming. Have fun.

  • @hermanrogers1325
    @hermanrogers1325 Год назад

    Free houses in Illinois if you can pay for the property taxes. Unbelievable

  • @ChristinaFrieburg
    @ChristinaFrieburg 2 месяца назад

    get rid of shady CAD system

  • @nicolewembley3093
    @nicolewembley3093 2 года назад +1

    This is what happens when you promise pensions you can't afford for city, county and state workers. Illinois is basically bankrupt, and thinks they can over tax their way out of the mess they have created over the decades from corruption and mismanagement of funds.
    Did you see the spreadsheet, billions needed in the pension funds. I have heard that they pay all their bills, months behind like 4-6 in arrears, even lottery winners have to wait months to get paid. Ironically, Illinois was the first to start a lottery, so go figure on that one as lottery's are huge money makers for a state.
    The float has about run out for the state and I am sure their bond rating is not very good. People wanting to leave probably can't sell in some areas because of blight and just vacate to get out of there, why you see so many abounded houses in certain neighborhoods. Working a average job in the service sector isn't going to pay all the expenses of high property taxes, sales taxes and heating bills just to name a few.
    Glad our family was smart enough to get out of their in the late 60's as the constant cold winters and lack of enough good paying jobs didn't really exist, in most parts of the state besides the Chicago area. The gasoline tax in Illinois is very high, but yet a lot of the roadways are in bad shape. Enough said. Good Luck to those that stay and keep paying more and more every year on all kinds of taxes while the state goes further in debt. The float will eventually run out and it wont be pretty.

    • @Navy35
      @Navy35 Год назад

      I noticed a lot of Mexicans living in Chicago. Maybe that’s their way of gentrification and raising taxes

    • @nicolewembley3093
      @nicolewembley3093 Год назад

      @@Navy35 Maybe? They are hard workers, but send most of their money back to family in Mexico.

  • @EdwardJones-i1z
    @EdwardJones-i1z 7 месяцев назад

    Most states dealing with illegal migrants usually are hard hit. Chicago doesn't want to mention it.

  • @angelachanelhuang1651
    @angelachanelhuang1651 3 года назад +2

    I'm happy

  • @hermanrogers1325
    @hermanrogers1325 Год назад

    So where are all the investors and landlords this is a dream come true for them

  • @shanewoods3658
    @shanewoods3658 Год назад +1

    Keep voting Democrat

  • @TreyFishman
    @TreyFishman 4 месяца назад

    Just remove social security since none of us voted for it and wont bennfit us

  • @hermanrogers1325
    @hermanrogers1325 Год назад

    Guess that’s why they call it Illinois

  • @pnachtwey
    @pnachtwey Год назад

    The democraps have run that area for so long. It is too late to do anything now. People that can will leave. This will only leave those that can't afford to pay or move.

  • @richardgeisel4290
    @richardgeisel4290 Год назад

    Duh…who is surprised…keep voting as this state typically does.

  • @lindseyb0303
    @lindseyb0303 Год назад

    Pension reform.

  • @endoftherope
    @endoftherope Год назад +1

    I got no street lights trash pick up water all I get are cops that don't do thier roads with wholes and schools I got no kids in thanks government