Amendment 1 will cost typical Lake County homeowner $2,330
See how much more you can expect to pay in property taxes unless voters reject the first question atop Illinois’ ballot Nov. 8.
The first question on every Illinoisans’ ballot Nov. 8 is called Amendment 1.
As misleading TV ads try to sway voters by calling Amendment 1 the “Workers’ Rights Amendment,” what proponents fail to mention is Amendment 1 would open up Illinoisans to a barrage of tax hikes at the state and local level. Illinoisans already pay the highest combined state and local tax rate in the country – costing the typical household $9,200 a year, according to WalletHub.
If Amendment 1 passes in November, the median homeowner in Lake County can expect to pay $2,330 in higher property taxes.
Find out what Amendment 1 could cost you by using the calculator below.
How will amendment 1 affect your property tax bill?
This tool uses compound annual growth rates in the All-Transactions House Price Index by the Federal Housing Finance Agency for Illinois counties from 2010-2021 to project future home values through 2026. To project property tax bills through 2026, the tool uses the compounded annual growth rate in median property tax rates for Illinois counties, calculated using 1-year and 5-year U.S. Census Bureau American Community Survey estimates from 2010-2020.
This is a conservative estimate based on historical home price growth and projected property tax rates if government unions maintain the status quo. However, Amendment 1 would grant government union bosses the most extreme powers in the nation, including the ability to override state law.
If Amendment 1 passes, Illinoisans would be forced to fund the ever-increasing cost of these provisions. Should government union bosses exercise new powers granted through Amendment 1, the tax hike on Illinoisans could wind up being far more costly.
The measure would allow government unions to make demands outside the normal scope of bargaining, strike if their demands are not met, thwart pro-taxpayer reforms, crowd out government services and exacerbate corruption in Illinois – all for a special interest representing a fraction of Illinoisans.
That endless loop of unlimited union demands, higher government costs and rising taxes likely is why no other state has a similar amendment. Illinois voters will decide Nov. 8 whether to insert Amendment 1 into the state constitution, but what they truly will decide is the future of their property taxes.
Paid for by Vote No on Amendment 1