Illinois Policy Institute - Institute on WAND TV: Illinois property tax rates second worst in country

	New study finds that Medicaid doesn't improve health outcomes 5/23/2013
	Taxing the Net: Lessons from Illinois 5/23/2013
	Illinois speed limit hike goes to Gov. Quinn 5/22/2013
	Institute on ABC 20: Lawmakers Face May 31 Deadline For Major Bills 5/22/2013
	Institute in the Daily Caller: Chicago taxpayers could finance private university’s sports arena 5/22/2013
	Center for Tax and Budget Accountability’s pension plan doesn’t fix the problem 5/22/2013
	The IRS scandal and a partisan union 5/22/2013
	Illinois’ budget: Where does all the money go? 5/22/2013
	Daily Links for May 22 5/22/2013
	ObamaCare’s Medicaid expansion bill wrong for Illinois 5/21/2013

Institute on WAND TV: Illinois property tax rates second worst in country

Share |

2/19/2013

Institute policy expert, Jonathan Ingram, joined Sara Sidery on WAND TV to discuss Illinois' sky high property taxes, which are the 2nd-highest in nation.

Illinois ranks as one of the worst states for property taxes.

According to a study by the Tax Foundation, three Central Illinois communities rank in the top 100 for highest property tax rates.

Macon Co. is 54th, Champaign Co. is 57th and Vermilion Co. is 58th.

Jonathan Ingram with the Illinois Policy Institute said the state's pension crisis is a large source of tax hikes.

"These aren't the north shore suburbs where the very well-to-do live," said Ingram. "These are just the typical average Illinoisans, and they're continuing to have to pay more and more of their income for property taxes."

Ideas for property tax reform are on the legislative table. House Bill 89 would freeze the property tax levy when property values decrease.