A Lincoln Park family said their latest Chicago property tax bill increased 440% and now their modest apartment complex could go bankrupt. FULL STORY: bit.ly/3FWJN9U
"Only the rich will pay more taxes, don't worry." This is what you get for all the tax happy politicians you voted for. It's time to vote them out, but you never will.
$17,000 for a one bedroom! These politicians are out of there mind. Meanwhile criminals don’t go to jail and gangs do snatch and grab. Who wants to live in cities any longer.
Sounds like someone with some connections to the city wants your property and the city/county is trying to bankrupt you so they can have it and have it cheap. Hope your attorney does a good job! Rooting for you, brother!
My parents just sold their home of 30 years in Logan Square because their taxes jumped to $19,000.00 per year. Chicago was making them rent their house back that they already owned. They moved to Michigan.
Of all taxes, whether it's sales tax, Income tax, even estate tax, I think property tax is the most pure evil. For starters, on virtually all acquired property, you already payed a tax for it. This was done in a sales tax. What the government can/cannot budget for is not an argument, an individual must be understood to own something, this is his right, like a bird owns their nest, a wolf their den, an ant their hill, so on and so forth. Sometimes, people are overburdened by expenses, they lose a job, get injured, and finally get broke, It happens to countless every year. Sometimes they at least have a roof over their head that they've completely payed for. But because now they just can't pay that fee, the government who's constitution demands they protect property rights gets to rob them completely and make them homeless? That’s pure evil and to add salt to the injury, it’s not like any of these taxes goes to anything good. Most if not all if purely wasted.
I left suburban Chicago 20 years ago for the mountains of western North Carolina. My property taxes in Illinois were $5,200 for a modest three-bedroom house. My current property taxes for my three-bedroom, three bathroom home on a private golf course in the beautiful Blue Ridge Mountains are $1,100. Best move I ever made.
My property tax in California was $600 per month. When we sold our home and moved to Arizona, the new owners property tax was increased to $850 per month. I pay less then $200 PER YEAR in Arizona.
The elimination of the "small landlords". First the moratorium, now hike property taxes. The "small" guys don't have the cash reserves to whether the storm, Large "institutonal" corporate investor will acquire the property. Interesting times.
and now people can't figure out why we have such a huge issue with homelessness, it's not just greed, but unrealistic taxation on housing meant for working class people.
That's terrible. No one can convince me that there isn't a bigger agenda behind this.
Somebody wants that property.
"Only the rich will pay more taxes, don't worry." This is what you get for all the tax happy politicians you voted for. It's time to vote them out, but you never will.
In Turkey once you buy a home, you once pay the government but never again. The government asking yearly for money is ridiculous.
This means they are trying to steal his property from him. Seriously...
$17,000 for a one bedroom! These politicians are out of there mind. Meanwhile criminals don’t go to jail and gangs do snatch and grab. Who wants to live in cities any longer.
This is going to happen every where! Even for home owners, don't think for 1 minute it's not going to happen to you
Sounds like someone with some connections to the city wants your property and the city/county is trying to bankrupt you so they can have it and have it cheap. Hope your attorney does a good job! Rooting for you, brother!
You’ll own nothing and be miserable. That’s what they really mean.
So in a state such as Illinois where they get astronomical taxes from legal weed, they feel the need to raise property taxes, absolutely disgusting
My parents just sold their home of 30 years in Logan Square because their taxes jumped to $19,000.00 per year. Chicago was making them rent their house back that they already owned. They moved to Michigan.
Of all taxes, whether it's sales tax, Income tax, even estate tax, I think property tax is the most pure evil. For starters, on virtually all acquired property, you already payed a tax for it. This was done in a sales tax. What the government can/cannot budget for is not an argument, an individual must be understood to own something, this is his right, like a bird owns their nest, a wolf their den, an ant their hill, so on and so forth. Sometimes, people are overburdened by expenses, they lose a job, get injured, and finally get broke, It happens to countless every year. Sometimes they at least have a roof over their head that they've completely payed for. But because now they just can't pay that fee, the government who's constitution demands they protect property rights gets to rob them completely and make them homeless? That’s pure evil and to add salt to the injury, it’s not like any of these taxes goes to anything good. Most if not all if purely wasted.
Seems like they’re trying to force him out.
I left suburban Chicago 20 years ago for the mountains of western North Carolina. My property taxes in Illinois were $5,200 for a modest three-bedroom house. My current property taxes for my three-bedroom, three bathroom home on a private golf course in the beautiful Blue Ridge Mountains are $1,100. Best move I ever made.
My property tax in California was $600 per month. When we sold our home and moved to Arizona, the new owners property tax was increased to $850 per month. I pay less then $200 PER YEAR in Arizona.
If the corporations aren't trying to take all of your money, the government will.
This is literally highway robbery by the city
The elimination of the "small landlords". First the moratorium, now hike property taxes. The "small" guys don't have the cash reserves to whether the storm, Large "institutonal" corporate investor will acquire the property. Interesting times.
Beetlejuice must be needing a raise for the outstanding job she's doing...
and now people can't figure out why we have such a huge issue with homelessness, it's not just greed, but unrealistic taxation on housing meant for working class people.