Category Archives: #taxation
COOK COUNTY HOME VALUES DOWN 31%, PROPERTY TAXES UP 22% SINCE 2007
Cook County homeowners have yet to recover much of the home value they lost after the 2007 housing market crash. But that hasn’t stopped county homeowners’ property tax bills from climbing. Average home prices in Cook County are 31% lower … Continue reading
Illinois Property Owners Could Be Funding a Special Subsidy for Affordable Housing When Approved by the Illinois General Assembly
The bill is being pushed in the Illinois General Assembly. Does anyone else see the irony here? Property taxes will go up to pay for affordable housing if legislation now pending in the General Assembly passes. It’s not styled as a property … Continue reading
Illinois Home Values down 21% and Property Taxes Up 7 % Since 2007
Illinois homeowners still have yet to recover much of the home value they lost after the housing market crash. But that hasn’t stopped those homeowners’ property tax bills from climbing. Average home prices in Illinois are still 21% lower today … Continue reading
Chicago Attempts to Legislate Wages and Benefits in Private Companies
CAN ANYONE TELL ME WHY WE AS A CITY TRY TO FORCE CHANGES IN WORK WAGES AND BENEFITS IN PRIVATE COMPANIES AS THE CITY OF CHICAGO SCREWS THEIR CURRENT EMPLOYEES AND RETIREES IN EVERY WAY POSSIBLE….JUST AS THE DEDICATION AND … Continue reading
When Is The Superintendent’s Trial ?
Former Lincoln-Way High School District 210 Superintendent Lawrence Wyllie, whose federal fraud trial was postponed last fall and has yet to be rescheduled, draws more than $900 daily in pension income as he awaits his day in court. The 81-year-old … Continue reading
NEW RULE FOR CHICAGO COPS: Officials are working on implementing a new rule that will require Chicago police officers to report every time they point a gun at a person.
Officials are working on implementing a new rule that will require Chicago police officers to report every time they point a gun at a person. Under the new policy, which is part of a consent decree meant to bring reforms … Continue reading
One More Thing On The Illinois Gas Tax Increase
The state’s new motor fuel tax of 38 cents a gallon will be tied to the Consumer Price Index effective July 2020. That means every March, the Illinois Department of Revenue will use federal inflation data from the previous 12 … Continue reading
The Cost Of Even Parking In Illinois Is Going Up As Well As A New Government Tax Scheme on Purchases—-Car Dealers and Purchasers Will Feel Tax Pain
Did you know pursuant to a bill passed on the last day of the legislative session, the first $10,000 of trade-in value will go untaxed. After that, every dollar of trade-in value would be applied to the purchase price of … Continue reading