New Illinois ‘exit tax’ proposed! The Democrat proposal would cost many Illinoisans an average of $1335.00 to bail out Brandon Johnson’s public transportation system.

Irony: The City of Chicago, would be ‘exempt’ from having to pay the tax.

So, if you want to leave Illinois, you’ll get taxed one final time on the way out, when you sell your house!

Illinois already has the highest property taxes in the nation, and this tax would add on the burden. House Bill 3438 [link to the bill in first comment] would include a real estate transfer tax equivalent to $10.50 on every $1,000 of home value to fund the CTA, according to the Illinois Policy Institute, the bill is a Chicago mass-transit “rescue package”

The tax would be paid on real estate transfers in Kane, Lake, McHenry, DuPage, Will, and ‘suburban’ Cook County.

Bill Status: The bill was passed by the Illinois Senate Democrats but did not go to the Illinois house and has not been signed into law….yet. The bill remains alive in Springfield.