Skip to comments.Chicagoans Face Another Big Tax Hit
Posted on 08/30/2017 10:42:10 AM PDT by PBRCat
The increase marks the latest in a slew of new taxes and fees Chicago residents have had to swallow over the past three years to shore up dire financial conditions in the city, its schools system and Cook County caused largely by government officials skipping payments into pension funds.
The Chicago Sun-Times has reported for months that the mayor is considering raising taxes on downtown businesses, high net-worth individuals or both to preserve his vaunted longer school day and school year.
Though Chicago homeowners are still reeling from the $588 million property tax increase he pushed through the City Council for police, fire and teacher pensions, the mayor made no apologies for piling on.
Weve just had enough. Not just property owners, its renters. Its people who pay taxes through the pass-ons that exist, Alderman OConnor said. He noted that aldermen have walked the tax plan repeatedly to solve the citys $30 billion pension crisis, plus residents have weathered garbage fees, bag taxes and a new penny-per-ounce tax the county imposed on sugary drinks.
Its pushing people out of the city. When is enough enough when you keep going to the same well? said Northwest Side Ald. Anthony Napolitano.
(Excerpt) Read more at chicago.suntimes.com ...
To the Chicago ‘government’, people living there are only blood bags for the parasitic government “god” officials to feed upon.
The rich love to pay taxes.
They got rich by paying as high a tax as possible.
Or not... :-)
The tax base is going to shrink to nothing in Chicago.
Who is going to stay in that city except someone who has nothing to be taxed, including the means to leave the city?
Notice they don’t try to mention who is in charge of all these problems with lack of money and the need to raise taxes.
But you know if it had been some Trump thing causing concern he would have been mentioned several times as ‘controversial’ or ‘upsetting’ and then have several man on the street comments about how bad he is.
No one seems to be to ‘blame’ here. Just city officials not paying for pensions.
The next Detroit in the making. Where only the poor live in the city.
RINO Rauner has said he will sign it, thus enabling a tax increase that wI’ll not be voted on and approved by the city council.
More taxation w/o representation.
Exactly. I’m a middle-class white female. I’ve lived in Chicago almost 25 years now, but I’m moving to Arizona in the coming weeks. Many others — middle-class, taxpaying folks — are doing the very same. Chicago is a wonderful place for young adults, with plenty of cultural opportunities, public transit, interesting neighborhoods, etc. But it’s hell for homeowners with kids. The black middle class, in particular, is being hollowed out. They’re fleeing at especially high rates. There’s a radio host who likes to say “liberalism is a mental disorder.” I don’t know about that, but it’s certainly a mindset, and it’s causing destruction from coast to coast, wherever it’s in the ascendancy.
“Mismanagement, waste and fraud by totalitarian Democratic hacks has its long term costs.”
Houston has its flood and Chicago its democrat machine. The only difference is that Houston will recover.
“The tax base is going to shrink to nothing in Chicago.
Who is going to stay in that city except someone who has nothing to be taxed, including the means to leave the city?”
Section 8 people and sanctuary city seekers don’t pay a hell of a lot of taxes.
He’ll sign it because all he sees are dollar signs. What a disappointment he has been. Not to mention, Madigan needs to be voted out of office which will never happen.
If the illegal aliens were not permitted to enroll their children, the Chicago Public Schools would be shutting school buildings by the dozens.
“Chicago is a wonderful place for young adults, with plenty of cultural opportunities, public transit, interesting neighborhoods, etc.”
Is your head in the Oak Street Beach sand?
I went into a grocery store in a suburb of Chicago to buy a 75 cent bottle of pop. They added on a 67 cent cook county “sugar” tax on it. That’s just about a 90% tax rate.
Rauner also made IL a sanctuary state! Can’t wait to get the hell out of this state.
We are originally from IL and have many retired friends there. The only reason they haven’t left is Grandkids and no tax on retirement income. If they start taxing retirement IL will completely collapse.
Tax those people until there is nothing but gun slinging DFG’s living there.
As long as I am not paying any of it.
i have a personal policy
when passing through the peoples republic of illinois, I leave nothing there but gas fumes and urine.
not one red cent of my hard earned money funds their self-inflicted hellhole...
How many people in Chicago even pay property or payroll taxes? I would think a majority have yet to pay dime one their entire life.
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