Amendment 1 would allow government unions to nullify hundreds of Illinois statutes – including laws aimed at protecting school children – simply by contradicting them in union contracts.View Report
A proposed change to the Illinois Constitution would effectively transfer power over taxpayer money to government worker unions. The trend of property tax hikes would likely grow even worse during the next four years.
Illinois has 6,032 local governments, the most in the nation by a wide margin – and that excludes 859 school districts. It’s the main reason Illinoisans pay the nation’s second-highest property taxes.
City property taxes rose 30% faster than in suburban Cook County from 2000 to 2019. Record inflation in 2022 will bring increases statewide in 2023.
Population decline has shrunk Illinois’ workforce and the relative size of the state economy. Attracting more workers from other states starts with lowering the cost of living, decreasing pension costs and debt, and improving the state’s social services.
Illinois leads the nation in local government bloat, with over 6,000 taxing bodies. The Citizen’s Empowerment Act, sponsored by Illinois House Rep. Jonathan Carroll, would make it easier for Illinois taxpayers to dissolve unnecessary layers of government.
Chicago property taxpayers face a nearly 5% hike this year after a decade in which their bills nearly doubled. The city failed to capitalize on the COVID-19 stimulus windfall like others did.
A report on rapid growth among Cook County’s senior population found nearly 60% spend more than 30% of their income on rent. Experts insist on more county housing options or tactics to lower costs.
Property taxes are the real thieves attacking the house used in the holiday movie ‘Home Alone.’ The house is available for a one-night stay this holiday, but not all taxes are included.
While phasing in the tax impact of sharp increases in assessed value could help Cook County’s commercial property owners adjust, holding down property taxes requires reducing spending through public pension reform in Illinois.
Chicago will spend $32 million on the nation’s largest test of universal basic income. What happens after that year is one question, as is whether handing out cash will truly fix anything.