Property taxes jump, and jaws drop ( Chicago )

Crain's Chicago Business ^ | July 28, 2016 | Dennis Rodkin

[Yo-Yo]

I live in Michigan, so to me it’s Prop A.

[ferret_airlift]

When I saw all of the new millages on my (absentee: I’m out of town for the election) ballot, I was fairly deeply annoyed. No one without property should be able to vote on these. They have no financial interest.

[Oatka]

Make people write a check for the full amount once a year and there would be a revolt.

That was Ronald Reagan's argument when the pols talked about instituting withholding CA state tax - "Taxes should hurt." He was against it as Governor: "My feet are set in concrete."

A month later "The concrete is cracking."

Three years after implementation, my state income tax had doubled while my pay had gone up 10%.

No matter how conservative a politician claims to be, when it comes down to the State vs the Public, the State will win every time.

[The Working Man]

I’ve been saying for a number of years that I believe that as a concept, property taxes should be made illegal. The very fact that a ‘government’ can take away your property and sell it off if you don’t pay those taxes makes the very concept of ‘private property’ a joke, and a sick one at that.

Government’s of all sizes love property taxes though, Why? Why... because the ‘owners’ are easy to find and intimidate, that’s why.

[The Working Man]

I agree, they also bring with them their need for ‘Services’ especially the ‘free’ public ones.

[Billthedrill]

The increase in their tax bill amounts to about $454 a month, an amount that they can squeak out, he said

They can squeak it out on a fixed income so long as it never goes up from there. Which it will. And the income will not.

[Night Hides Not]

Please DO NOT come to Indiana. We don’t want the Chicago mindset here.

Ahem, you don't want to move to Texas, either. It's too damn hot, and people are going crazy down here, carrying their guns with them wherever they go.

[NormsRevenge]

Ouchie Momma!! dang.. They need a good flush of their electoral system.. Venezuela , here we come.

[minnesota_bound]

What will next years tax increase be? !!

[familyop]

"When I saw all of the new millages on my (absentee: I’m out of town for the election) ballot, I was fairly deeply annoyed. No one without property should be able to vote on these. They have no financial interest."

But they do vote and will vote. The answer might lie more in the decline in decades of indirectly subsidized skyrocketing real estate prices (too much government spending on do-nothing employment for regulating troublemakers). With lower real estate prices and fewer regulations, more voters will have an interest.

[GOYAKLA]

My vote is 15-20 years.
Also all political candidates be subject to same terms to run for office!

[ConservativeMind]

Something of interest:

http://www.forbes.com/sites/peterjreilly/2013/04/22/do-land-patents-trump-property-taxes/#3806002e3761

[1rudeboy]

I see that you’ve never been to Chicago, or Detroit, for that matter (recently).

[1FreeAmerican]

Cali’s Prop 13 is good or bad?